Economy
Coal mining is an important industry. Qitaihe is the only pilot city for coal recycling in Heilongjiang. The city's GDP topped RMB 23.35 billion in 2009, featuring a growth of 26% over the previous year. Qitaihe is home to Qitaihe Coal Mining Group and Qitaihe No.1 Power Generation Company.
Read more about this topic: Qitaihe
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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)