Economy
Xiangshui is a test county for Jiangsu's economic reform policies. It is the smallest and poorest county in Yancheng City.
Xiangshui was a traditional salt-making site but now it is an important agricultural land. The agricultural income occupies 30% of the county revenue. Principal agricultural products include rice, cotton, fruit, livestock and vegetable. In addition, aquatic production has earned the county a national reputation with more than 200 sea food products including fish, crab, shrimp, etc. The county’s industrial sectors are still in its early shape, including textile, chemicals, machinery, food manufacturing and pharmaceuticals.
Before 2000, Xiangshui is an agricultural land with uncontaminated environment and it still owns a well shaped ecosystem. However,due to the strict restriction in prosperous Southern Jiangsu province recently, many chemical plants moved to the relatively poor northern Jiangsu Province. These chemical factories usually enjoyed the preferential treatment from the local Xiangshui government. Lacking or without strict regulation and supervision, these chemical plants bring tremendous pollution to Xiangshui county.On November 27, 2007,an explosion occurred in one of the chemical factories in Chenjianggang Chemical Zone, with 7 killed and many injured.
Read more about this topic: Xiangshui County
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)