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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)