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:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)