Muping, the largest district in Yantai, has a great potential for the lowest housing price development
There are many factories, but their salaries are not high at present, but their consumption is not high either
Muping has three parks, namely Muping Economic Development Zone, Qinshui Korea Industrial Park and Jianggezhuang Taiwan Province Industrial Park, which have cultivated and formed four leading industries, namely, machining, food, electronic information and gold, with more than 3,2 enterprises of various types. Including Doosan of Korea, Best of America, Daewoo of Korea, Korean-funded enterprises: more than 17 foreign-funded enterprises such as Pateron Electronics, Nanushi Electronics, Yucheng Electric, Sansaila Electronics and Taiwan Province Uni-President, and 5 listed companies such as Xinchao Industry, Anderle Juice, Hengbang Shares, Jiufa Shares and Longda Paper. Xinmou International, Yangma Island Deep Sea Spring and Xiantan Group-Yantai Rishi Food Co., Ltd. (invested by Yantai Beer Group Co., Ltd., Japan Rishi Co., Ltd. and Japan Itochu Corporation, with a total investment of 26.7 million US dollars. Itochu Corporation of Japan, the investor of the project, is a Fortune 5 company and the first Fortune 5 company introduced from Qinshui Industrial Park in Muping District. The production scale of fruit juice in Anderle ranks first in the world, the market share of industrial furnace factory, Fuhai Industrial Co., Ltd. and Hyde Machine Tool ranks first in the country, the annual output of Hengbang chemical additives ranks second in the country, the production scale and economic benefit of Xinmou cable rank among the top three in the same industry, Lipeng Packaging is the largest production base of aluminum anti-counterfeiting bottle caps, the largest distribution center of aluminum anti-counterfeiting bottle caps and the largest printing base of aluminum plate coatings in China, and Giss Furniture is the largest production base of soft furniture in Jiangbei area. There are two famous brand products in China, namely, Andeli Juice and Gith Sofa, three famous trademarks in China, seven famous brand products in Shandong Province and 17 famous trademarks in Shandong Province.