Economy
Yuxi is the home of the Hongta Group, which was named after the Red Pagoda which sits atop a nearby hill. The Pagoda was originally white, but was painted red during the cultural revolution. The tobacco is of high quality due to the fact that there are over 2300 hours of sunlight a year in the region, adequate rainfall in the summer, and excellent soil that produces a plethora of other fruits and vegetables. The region has begun producing wine, which could prove to be quite palatable in the next decade or so.
Yuxi is one of the fastest growing small cities in China. In 2001, the city won an Honor Award in Analysis & Planning by the American Society of Landscape Architects. In 2004 UNIDO held a Workshop on Seed Treatment Technology, one of only two in China.
Read more about this topic: Yuxi City
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)