Yantai Hi-Tech Industry Development Zone is situated in the cantonal eastern part of Yantai City. It was started out into construction in 1994.It was approved by State Council as APEC China Yantai Science & Technology Industry Park in April 1998, and became a internationalized science & technology industry park opened to APEC, together with other four hi-tech zones in Beijing, Xi'an, Suzhou and Hefei. In December 1998, it was authourized by Ministry of Science and Technology to set up the only Sino-Russia Hi-Tech Industry Cooperative Example Base of China. Yantai Hi-Tech Industry Development Zone has the planned land area of 75 square kilometers. Here are excellent infrastructure and facilities, many universities and colleges including Yantai University, China Coal Economy College and so on and over 10 scientific research institutes. A batch of hi-tech projects including Luye Pharmacy, Jinlong DVD Electronics ,etc have been initiated here. Yantai Hi-Tech Industry Development Zone has the advantaged conditions of developing Hi-Tech industry, and is one of the most active areas with greatest economic development potential in Yantai. The Hi-Tech projects of biological engineering, new materials, fine chemical, electronic information industry and so on are encouraged to be initiated in Yantai Hi-Tech Industry Development Zone.
Fushan Hi-tech Industrial Park is founded in 10,1993, is an important integral part of Yantai economic & Technology Development Zone and Yaitai Hi-tech Industrial Zone ,YaiTai Fushan Hi-tech Industrial Park is opening to APEC organization members,approved by the state. At the same time ,FHIP enjoy the favourable policy of the Economic &Technology Development Zone and Hi-tech Industrial Zone of the state .
FHIP has an area of 8 square kilometers,including an area of 3.8 square kilometers and Developed area of 4.2 square kilometers .FHIP put emphasiz on the development of electronic information technology , biological engineering ,new material technology ,and electro-mechanical industry .
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