Economy
Linxia's 2002 GDP was 3.3 billion RMB, which was 10.7% growth over the previous year. The per capita GDP was 1,778RMB, which was 9.9% growth over the previous year. Agriculture, manufacturing, building materials, finance, hydropower (Liujiaxia Dam and Yanguoxia Dam on the Yellow River), and tourism are all important industries. The prefecture's capital, Linxia City (formerly known as Hezhou), is the center of trade, transport, and industry for the area directly south of Lanzhou.
Read more about this topic: Linxia Hui Autonomous Prefecture
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)