1. The establishment of the National Power Investment and Nuclear Power Headquarters in Yantai will greatly promote the development of Yantai.
2. Yulong Island Refining and Chemical Project will boost Yantai's economy 1000 billion yuan in the future.
Yantai, like Dalian, is also an important seaport city. Relying on port traffic, four traditional pillar industries, namely machinery manufacturing, electronic information, food and gold, have been formed for many years.