Yantai Economic And Technological Development Zone
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Yantai Economic And Technological Development Zone
Yantai Economic and Technological Development Area (YEDA) (), is an economic development zone established in 1984 in Shandong Province, China. It is near the Yellow Sea coast, and administratively under Yantai Prefecture. It covers 228 km2 and has a population of 400,000. Before its creation, most of the area were fishing villages. Now it is an industrial and famous tourist site in Shandong 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. Transportation The Zone is connected by bus to Yantai Yantai, Postal Map Romanization, formerly romanization of Chinese, known as Chefoo, is a coastal prefecture-level city on the Shandong Peninsula in northeastern Shandong province of People's Republic of China. Lying on the southern coast o ...
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Economic Development Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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Shandong Province
Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's Mount Tai is the most revered mountain of Taoism and a site with one of the longest histories of continuous religious worship in the world. The Buddhist temples in the mountains to the south of the provincial capital of Jinan were once among the foremost Buddhist sites in China. The city of Qufu is the birthplace of Confucius and was later established as the center of Confucianism. Confucianism developed from what was later called the Hundred Schools of Thought from the teachings of the Chinese philosopher Confucius. Shandong's location at the intersection of ancient and modern no ...
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Yellow Sea
The Yellow Sea is a marginal sea of the Western Pacific Ocean located between mainland China and the Korean Peninsula, and can be considered the northwestern part of the East China Sea. It is one of four seas named after common colour terms (the others being the Black Sea, the Red Sea and the White Sea), and its name is descriptive of the golden-yellow colour of the silt-laden water discharged from major rivers. The innermost bay of northwestern Yellow Sea is called the Bohai Sea (previously Pechihli Bay or Chihli Bay), into which flow some of the most important rivers of northern China, such as the Yellow River (through Shandong province and its capital Jinan), the Hai River (through Beijing and Tianjin) and the Liao River (through Liaoning province). The northeastern extension of the Yellow Sea is called the Korea Bay, into which flow the Yalu River, the Chongchon River and the Taedong River. Since 1 November 2018, the Yellow Sea has also served as the location of "peace ...
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Yantai
Yantai, Postal Map Romanization, formerly romanization of Chinese, known as Chefoo, is a coastal prefecture-level city on the Shandong Peninsula in northeastern Shandong province of People's Republic of China. Lying on the southern coast of the Bohai Strait, Yantai borders Qingdao on the southwest and Weihai on the east, with sea access to both the Bohai Sea (via the Laizhou Bay and the Bohai Strait) and the Yellow Sea (from both north and south sides of the Shandong Peninsula). It is the largest fishing industry in China, fishing seaport in Shandong. Its population was 6,968,202 during the 2010 Chinese census, 2010 census, of whom 2,227,733 lived in the built-up area made up of the 4 district (China), urban districts of Zhifu District, Zhifu, Muping District, Muping, Fushan District, Fushan and Laishan District, Laishan. Names The name Yantai (."Smoke Chinese pagoda, Tower") derives from the watchtowers constructed on in 1398 under the reign of the Hongwu Emperor of t ...
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Shandong
Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's Mount Tai is the most revered mountain of Taoism and a site with one of the longest histories of continuous religious worship in the world. The Buddhist temples in the mountains to the south of the provincial capital of Jinan were once among the foremost Buddhist sites in China. The city of Qufu is the birthplace of Confucius and was later established as the center of Confucianism. Confucianism developed from what was later called the Hundred Schools of Thought from the teachings of the Chinese philosopher Confucius. Shandong's location at the intersection of ancient and modern n ...
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Pharming (genetics)
Pharming, a portmanteau of "farming" and "pharmaceutical", refers to the use of genetic engineering to insert genes that code for useful pharmaceuticals into host animals or plants that would otherwise not express those genes, thus creating a genetically modified organism (GMO). Pharming is also known as molecular farming, molecular pharming or biopharming. The products of pharming are recombinant proteins or their metabolic products. Recombinant proteins are most commonly produced using bacteria or yeast in a bioreactor, but pharming offers the advantage to the producer that it does not require expensive infrastructure, and production capacity can be quickly scaled to meet demand, at greatly reduced cost. History The first recombinant plant-derived protein (PDP) was human serum albumin, initially produced in 1990 in transgenic tobacco and potato plants. Open field growing trials of these crops began in the United States in 1992 and have taken place every year since. While th ...
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Foxconn
Hon Hai Precision Industry Co., Ltd., trading as Hon Hai Technology Group in China and Taiwan and Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng, New Taipei City, Taiwan. In 2021, the company's annual revenue reached () and was ranked 20th in the 2022 Fortune Global 500. It is the world's largest technology manufacturer and service provider. While headquartered in Taiwan, the company is the largest private employer in the People's Republic of China and one of the largest employers worldwide. Terry Gou is the company founder and former chairman. Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube (except subsequent Nintendo DS models), Nokia devices, Sony devices (including the PlayStati ...
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Penglai, Shandong
Penglai, formerly known as Dengzhou or Tengchow, is a district belonging to the prefecture-level city of Yantai, Shandong Province, in the People's Republic of China. It lies on the northwest corner of the Shandong Peninsula on the southern coast of the Gulf of Bohai. Penglai is famous for its mirages out at sea, which are frequent during May and June. Formerly a county-level city, Penglai became a district of Yantai City in 2020. Geography Penglai is entirely surrounded by other divisions of Yantai: Fushan District is to the east, Longkou City to the west, and Qixia City to the south. Its limits in geographic coordinates are 37° 25'–37° 50' N, 120° 35'–121° 09' E. Climate History The Red Cliffs () of the area are reputed to have been the site where the Eight Immortals set out for the land of the immortals and where Qin Shi Huang later sent off five hundred boys and five hundred girls on ships to search for them. Chinese legends held that a mystic dolphin was seen f ...
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Special Economic Zones Of China
When Deng Xiaoping took over as the paramount leader of the People's Republic of China (PRC), he presented himself as a pragmatic contrast to his predecessor Mao, who was more of a theorist and an ideologist. Deng's main goal was to lift people out of poverty and significantly improve the lives of ordinary Chinese people. In justifying opening up and the series of economic reforms that ensued, Deng referred to Marx and his theories, which predicted that nations need to undergo urbanization and a stage of capitalism for a natural socialist transition. One of the most renowned reforms under Deng was establishing four "special economic zones" along the Southeastern coast of China, with Shenzhen, Shantou, and Zhuhai located in Guangdong province and Xiamen located in Fujian province. Special economic zones (SEZs) in mainland China are granted more free market-oriented economic policies and flexible governmental measures by the government of China, compared to the planned economy elsewher ...
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