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Yantai is currently the second largest industrial city in Shandong, next only to Qingdao. However, the region's largest industry is agriculture. It is famous throughout China for a particular variety of apple and is home to the country's largest and oldest grape winery (Changyu).
The county-level city of Longkou is well known throughout China for its production of cellophane noodles. Industrial Zones Yantai Economic and Technological Development Area
Yantai Export Processing Zone Yantai Export Processing Zone (YTEPZ) is one of the first 15 export processing zones approved by the State Council. The total construction area of YTEPZ is 4.17 km2 (1.61 sq mi), in which the initial zone covers 3 km2 (1.2 sq mi). After developing for several years, YTEPZ is completely constructed. At present, the infrastructure has been completed, standard workshops of 120,000 m2 (1,300,000 sq ft) and bonded warehouses of 40,000 m2 (430,000 sq ft) have been built up. Up to now, owning perfect investment environment and conditions, YTEPZ has attracted investors both from foreign countries and regions such as Japan, Korea, Singapore, Hong Kong, Taiwan, Sweden, USA, Canada, etc. and from the domestic to invest and operate in the zone. |
