Economy
The GDP per capita was $3,573 USD in 2008, ranked number 43 among 659 Chinese cities. In 2011, the city's GDP reached 71.3 billion yuan, amounting to about 30 percent of the province's total.
Haikou exports substantial quantities of agricultural produce and livestock. There is a small amount of industry, including canning, textiles, rice hulling, and light engineering.
Hainan Airlines has its headquarters in the HNA Building in Haikou.
Read more about this topic: Haikou
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)
“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)