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Article: Fishing tools developing
- Article from:
- China Daily
- Article date:
- May 9, 2003
- Author:
CopyrightCopyright 2003 China Daily. Provided by ProQuest LLC. (Hide copyright information)
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WEIHAI: The manufacturing of fishing tools has become a
sustainable industry in Weihai, said the vice-mayor of the coastal
city in East China's Shandong Province.
About 70 per cent of Chinese fishing tools and half of the
country's total exports of the products are produced in the city.
Vice-Mayor Dong Jinyou said: "The city is expected to become an
international fishing-tool production centre in the coming five
years."
In Weihai, fishing-tool production was worth 2 billion yuan
(US$282 million) last year. The Weihai Guangwei Group alone produced
goods worth 730 million yuan (US$88 million) last year, making it ...