Weihai is a
commercial port and major
fishing center with some
light industries. Due to its close proximity to South Korea, Weihai also has a large Korean business community and receives many Korean tourists.In recent years, Weihai has vigorously implemented its urban internationalization strategy and deepened its opening-up and cooperation with South Korea in all aspects according to the concept of "three exchanges, four ports, and five connections", becoming a model for local exchanges and cooperation between China and South Korea. Weihai is also a key production area for peanuts and fruit. Weihai has a good industrial foundation. A complete production system has been basically formed, with mechanical, electronic, chemical, building materials, light industry, textile and other industries as the pillars, and plastic, silk, medicine, food, arts and crafts and other industries as the backbone.
Industrial Zone Weihai Economic & Technological Development Zone is a state-level development zone approved by the
State Council on 21 October 1992. The administrative area has an area of , including the programmed area of and an initial area of . The built-up area covers 42.3 square kilometers, governs 2 towns, 3 streets, 30 administrative villages and 50 communities, with a registered residence population of 175000 and a permanent population of 300000. Its nearest port is Weihai Port, and the airport closest to the zone is Dashuibo Airport.
Weihai Export Processing Zone (EPZ) was set up by the approval of the State Council on 27 April 2000. Weihai EPZ is located in Weihai Economic & Technological Development Zone with programmed area of . Weihai EPZ belongs to comprehensive export & processing zone. The EPZ is located from Weihai Airport, to Weihai Railway Station and from Weihai Harbor. As a new frontier of opening up to the outside world, the processing zone has focused on developing five major industries: electronic information industry, precision machinery manufacturing, biotechnology and pharmaceutical industry, new materials, and food processing industry.
Weihai Torch Hi-Tech Science Park is a state-level development zone approved by the State Council in March 1991. Located in Weihai's northwest zone of culture, education and science, the Park has the total area of , a coastline of and 150,000 residents. It is away from the city center, away from Weihai Port, away from Weihai Railway Station, away from Weihai Airport and away from Yantai Airport.
Transportation Weihai Dashuipo International Airport serves the city with regular service to Beijing, Shanghai, Guangzhou,
Harbin domestically and the South Korean airport of
Seoul–Incheon, as the fourth busiest airport in Shandong following Qingdao, Jinan and Yantai.
Qingdao–Rongcheng intercity railway offers the high-speed rail services directly to Shanghai Hongqiao, Beijing South, Jinan, Jimo North (Qingdao North soon) and Yantai, with five rail stations, Weihai, Weihai North, Wendeng, Wendeng East and Rongcheng. Weihai Station is a first-class station in Weihai City, Shandong Province, and also the terminal station of Taowei Railway. It receives and sends more than 3000 passengers every day. As for conventional rail services, The
K8262 train depart every day at and 10:18 PM respectively for
Jinan, the provincial capital, the
K412 goes directly to Beijing at 8:54 PM, and the No.
K1068 train leaves at 9:38 AM for
Hankou, one of the three railway stations of
Wuhan,
Hubei. Internally, the city is served by more than 50 bus routes. == Education ==