Economy
As a result of abundant precipitation and mountainous terrain, hydroelectric power is abundant. There are numerous hydro plants in the county, one notable one being the provincial Mianhuatan Hydroelectric Power Station. The plant has a water storage capacity of 2.035 billion cubic meters and is able to generate 1.52 billion kilowatt hours of electricity a year. The Mianhuatan hydrodam contributes greatly to the rapidly growing economy of Fujian and neighboring Guangdong province.
In agriculture, rice is the main crop for the county. Most low-lying fields can yield two rice crops per year, while in high land fields, because of the earlier frost, only one harvest can be assured.
Yongding is an important tobacco producer. The cultivation of tobacco started in Wan Li era of the Ming Dynasty. Yongding was honored as the "home of tobacco" in the early 20th century. Although its significance has declined in recent years, Yongding is still one of the most important tobacco producing areas in the region. Many top brand Chinese cigarettes contain Yongding leaf.
Yongding is rich in mineral deposits, most notably coal. Most of the county's coal is shipped to Guangdong, where economic growth has created huge demand for energy. This in turn has created demand for heavy trucks. As a result, Yongding is one of the top counties for the number of trucks.
Read more about this topic: Yongding County
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)