The birthplace of modern industry
·It is one of the earliest cities to open the commercial port in northern China and one of the birthplaces of modern industry.
·In 1892, in order to "prosper China with industry and commerce", the patriotic overseas Chinese leader Zhang Bishi set up "Changyu" Wine Co., Ltd.
·In 1915, the first clock factory in China, "Polaris", came into being.
·In 1930, the lock brand "Tri-circle" was born in China's first lock factory, Chengming Lock Making Factory.
Investment in production in the forefront
·In 2018, Yantai's GDP was RMB 783.3 billion, ranking in the top among areas under city-level jurisdiction in China and third in the Shandong.
·Yantai's total industrial output value was RMB 1.04 trillion, with 47 listed companies and 48 stocks at home and abroad, ranking first in Shandong.
·More than 100 Enterprises of Fortune Global 500 have invested in Yantai, with the accumulated foreign capital of USD 36.8 billion.
Unique regional advantage
·Yantai is one of the central cities in Shandong Peninsula and an important port city in the Bohai Rim area. Yantai is an important node city in the Bohai Economic Rim
·It is a backbone city of Shandong Peninsula Blue Economic Zone, one of China's first 14 coastal open cities, and a coastal city in China.
·It is the only international grape · wine city in Asia, and a port city with priority given by "the belt and road initiative" national strategy.
·National historical and cultural city, national civilized city, and China's famous "Snowy City".
Development of civilization and economy
·Yantai is the only prefecture-level city in Shandong and the only two cities in China that have won the "Five Consecutive Championships" as a civilized city.
·It is the third batch of national comprehensive pilot areas for new urbanization. In 2018, Yantai's GDP was RMB 783.258 billion.
·In 2018, it ranked 24th in China's Top 100 Cities, 19th in China's Top 100 Cities for GDP, Top 100 in China's Urban Overall Well-off Index, and 8th in the Best Prefecture-level Cities in Mainland China.
