The economy of Changyi is more industrially based, and has formed a competitive market marked by new products, new technologies, and new projects, such as the
petrochemical industry, salt and salt chemical industry,
machinery manufacturing,
textiles,
food processing,
aquaculture, and green seedlings among others. Changyi's
Petrochemical industry has an annual processing capacity of 10 million tons, and a sales income of 13.7 billion yuan. Changyi's salt and salt chemical industry produces
crude salt with an annual production capacity of four million tons, accounting for one sixth of China's sea salt production. The
bromine production capacity of Changyi by the Shandong JinDian Chemical Company is 40,000 tons a year, accounting for a quarter of China's production of bromine. Machinery manufacturing includes textile machinery, plastic machinery, broaching machines, auto parts. The auto parts manufacturing, particularly by Consolidated Metco's Shandong branch, is the largest production base in China for large automotive wheels, brake drums, brake discs production. The existing textile enterprises, such as that of the Huachen group, have more than 2,500 factories with an annual spinning capacity of 1.8 million meters, weaving capacity of 3.5 billion meters, and with dyeing, printing capacity of 2.1 billion meters, and is ranked within the top 50 of the Chinese textile brands. Food processing industry has over 160 processing enterprises, whose products are sold in over 30 countries and regions in the world.
Tyson Foods also has a branch in Changyi which processes chicken for Tyson's Asia market. The Tyson plant processes up to 80,000 chickens per day. The aquaculture industry currently has factory farming area of 230,000 square meters, producing over 140,000 tons of aquatic products, with the total output value of 820 million RMB. Industry of seedlings has seedlings of 1647.369 acres, seedling stock of 200 million annual turnover of 500 million RMB. Changyi has been assessed as the National seedlings market by the
State Forestry Administration of the People's Republic of China, the National Advanced Unit of Tree Seed and Seedling" and has successfully organized nine National North China Green Seedlings Expos and six Chinese Garden Flowers and Information Exchanges.
Development of high-tech industries Currently, Changyi has one national post-doctoral research institution, 29 of the Provincial and Weifang municipal engineering and technical centers, produces two top national brand-name products, four famous national trademarks, twelve Shandong name-brands, and 26 famous Shandong trademarks. The city has been nationally named an advanced city for science and technology for six consecutive years. Changyi is fast in developing strategic new enterprises marked by new energy sources, new materials, high-end equipment manufacturing, energy saving and environmental protection, and bio-pharmaceutical industry. The urban and rural household waste utilization project has applied for 13
Intellectual property in the People's Republic of China, passed the provincial assessment of science and technology achievements, and reached the international advanced level, and won major energy-saving achievement award of Shandong Province. Jinsida Project of Treatment and Recycling of Printing and Dyeing Waste Water has applied for 12 national patents, and been included in the top 10 model technology projects of sustainable development in Shandong Province, winning the 3rd place of scientific and technological progress in Shandong. Swiss electric company direct drive permanent magnet wind turbine won 11 national patents and is designated as one of the 2011 key projects of Shandong Province.
Coastal development Changyi City has of coastline, of shallow sea area, over of tidal flats. In recent years, construction of the "yellow-blue areas" has built up an opportunity of national strategic importance, and the city has gone all out to speed up coastal development. The first is the strategic planning based on location and resources to establish development goals to create "one city, one district, one port, and four bases." "One city" means to construct the coastal city of advanced economy, complete and perfect infrastructure, sound ecological environment, livable modern coastal city. " One District" means to build the Binhai (Xiaying) Economic Development Zone into an influential modern economic coastal economic zone in the province or even nationally. "One port" means to accelerate the construction of the east port of Weifang Port (Xiaying Port). "Four bases" means to build an emerging industrial base of 100 billion yuan, a high-end chemical industrial base of 200 billion yuan, and a port logistics base of 20 million tons, and green energy base of two billion kilowatt-hour. The second is to improve the facilities. At present, Binhai Economic Development Zone (Xiaying) has completed the infrastructure investing over 10 billion yuan, supporting an area of over 90 square km, and has built a 616 square km coastal development framework, which has formed the initial concentration of industry, and distinctive Northern coastal ecosystems of industrial uplift belt. The third is to speed up port construction. Taking full advantage of the favorable natural conditions for port building in Xiaying, to speed up the construction of the East Port (Xiaying Port) of Weifang Port to create an important engine for the coastal economic development. The first phase of the project invests 100 billion yuan to build twelve 10-thousand-ton berths with an annual throughput of more than 20 million tons. The fourth is to promote industrial aggregation. Emphasizing the salt chemical industry chain investment and introduce new industries of strategic importance and actively develop new energy industry and advanced manufacturing. At present, 109 projects with a total investment of more than 33 billion yuan have been settled. The Haitian bio-chemical industry, new Jiayuan Chemical new dyes and other 47 projects were completed and commissioned; Jindian Chemical Industry, KDN pharmaceutical etc. 48 projects are under construction. The fifth is to improve the services. "The Beneficial policies for Investment in the Changyi Binhai Economic Development Zone” was developed to attract foreign investment, to give maximum discount in the fees charged and formalities. Promote the administrative services, such as safety supervision, industry and commerce, environmental protection, taxation, finance and other departments in the coastal economic development zone were set up with strong staff, to provide zero-distance service for projects and business development. ==Education==