Brief Introduction of Yantai

City Overview
发布日期:2019-04-04浏览次数:字号:[ ]

As the only Asian city winning the honor of “International Vine and Wine City”, Yantai is a “gold-medal city” in China for its investment environment, as well as a nationally renowned city for excellent tourism, food and civilization. The city also wins the Habitat Scroll of Honor Award of UN and China.

Bordered by the Yellow Sea and Bohai Sea, Yantai is located in the east of Shandong Peninsula and is separated with Liaodong Peninsula, South Korea and Japan by sea.

Yantai boasts a total area of 13.9 thousand square kilometers, a coastline of 1038 kilometers and a population of 7.09 million.

Yantai has a long history of opening to the outside world. It opened as the treaty port in 1861, with its customs and post offices registered as the earliest ones in China.

Yantai has a strong economic potentiality. In 2017, its GDP reached 108.7 billion US dollars, ranking 20th nationally and 2nd in Shandong province, with a per capita GDP of 15.3 thousand dollars. Over 100 world top 500 enterprises and famous multinational companies have invested in Yantai. The city has accumulatively introduced foreign direct investment of 34.2 billion US dollars.

Yantai has established economic and trade relationship with more than 200 countries and regions in the world. Its annual import and export volume covers nearly 20 percent of provincial volume. Its total import and export value amounted to 45.6 billion US dollars in 2017, including11.4 billion US dollars with Europe and the United States, accounting for 25% of the city’s total value.

Yantai enterprises have invested in 72 countries and regions all over the world, with the agreement investment amount over 6.7 billion US dollars.





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