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The Yantai Economic and Technological Development Zone (YETDZ) is one of the state-level development zones that were set up in 1984. It is designed to eventually cover 36 square kilometers. Until now, development has been completed on 20 square kilometers, involving RMB18 billion in investment in fixed assets including RMB2 billion in infrastructure development. At present the YETDZ is home to 480 projects using capital investment from 25 countries and regions. These involve US$1.6 billion in contract investment, of which US$1.3 billion has been realized. Of the 500 top companies across the world, 13 have invested in the YETDZ. In 2001, the YETDZ yielded RMB6 billion in GDP and RMB13 billion in
The Yantai Economic and Technological Development Zone (YETDZ) is one of the state-level development zones that were set up in 1984. It is designed to eventually cover 36 square kilometers. Until now, development has been completed on 20 square kilometers, involving RMB18 billion in investment in fixed assets for RMB2 billion in infrastructure development. At present the YETDZ is home to 480 projects using capital investment from 25 countries and regions. These involve US $ 1.6 billion in contract investment, of which US $ 1.3 billion has been realized Of the 500 top companies across the world, 13 have invested in the YETDZ. In 2001, the YETDZ yielded RMB6 billion in GDP and RMB13 billion in