Industry
YEDA is the largest producer of automotive parts in China (2006). Core industries at YEDA include industrial machinery, automobiles and parts, electronics, artificial fibers and textiles, and bio-pharmaceutics. A Foxconn plant nearby is a large source of employment in the district.
Read more about this topic: Yantai Economic And Technological Development Zone
Famous quotes containing the word industry:
“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)
“Do not put off your work until tomorrow and the day after. For the sluggish worker does not fill his barn, nor the one who puts off his work; industry aids work, but the man who puts off work always wrestles with disaster.”
—Hesiod (c. 8th century B.C.)
“The Founding Fathers in their wisdom decided that children were an unnatural strain on parents. So they provided jails called schools, equipped with tortures called an education. School is where you go between when your parents can’t take you and industry can’t take you.”
—John Updike (b. 1932)