Situated in the west of Shandong Peninsulas with a
coast line of 113 km, Weifang City boasts rich natural
resources: present cultivated land reaching 699,600 hectares,
forest land 300,000 hectares, grassland 4,600 hectares, water
area 174,100 hectares with an average of 2.996 billion cubic
meters water resources utilizable annually, and proven reserve
of minerals 36 in types. With a long
history of kites, Weifang is assigned the title "INTERNATIONAL
KITE CITY" by the International Kite Union. The annual Weifang
International Kite Festival attracts thousands of visitors
home and abroad. Since the reform and
opening up, Weifang has adopted industrialized agriculture
management model, which stimulates the development of
agriculture and rural economy greatly. Now with 108 categories
and 5,000 types of products, Weifang's industry has formed a
system with 1O pillars: marine chemical industry, power
machinery, trucks for agriculture, garments and decorative
cloth, electronic telecommunications and information
processing, chemical fibre, new type of building material,
medicine and health care products, foodstuff and drinks,
paper-making and packaging. The tertiary industry grows
rapidly. Now the number of urban and rural markets amounts to
1247, among which 36 has annual transactions volume over RMB
100 million Yuan each. Thanks to the vigorous implementation
of the export-oriented policy and the successful holding of
the 15th Weifang International Kite Festival and the 5th
Weifang Shandong-Taiwan Trade Talks, Weifang has utilized over
US$ 2.2 billion of foreign capital in total and its 24
categories of products ranging over 600 types have been
exported to over 150 countries and regions.
Weifang has a very nice
investment environment. The first stage of
1.2-million-kilowatt Weifang Power Plant Project has been
finished and put into operation. Tremendous progress has been
made in the construction of railways, highways, airport,
telecommunications, urban water and gas supply, and trade
facilities. Weifang now boasts 3 ports and 11 berths with an
annual handling capacity of 2,570,000 tons. The Weifang Port
has two 5000-ton berths and a Ro-Ro dock. The Weifang airport
has 17 airlines reaching Beijing, Shanghai, Guangzhou and etc.
Jiao-ji Railway and Ji-qing expressway go through the city,
offering transportation services about 14,000 km.
Program-controlled telephones have been installed providing
domestic direct calling services. Altogether the exchange
switch capacity amounts to 643,000. The availability of water
supply in urban areas is as high as 100% and that of gas over
85%.