Fushan high and new technology industrial park (hereinafter referred to as Fushan industrial park for short) was initiated in the October of 1993, covering 14 square kilometers. It is state-approved to open to the members of Asian Pacific Economical cooperation Organization. As designed by Yantai municipal government, Fushan industrial park put its effort in the development of electronic information, biological engineering, and new material, mechanical and electronic. And at the same time there are various other industrial programs in comply with the state industrial policies in Fushan industrial park.、By the end of 2003, there have been already 290 programs introduced to Fushan industrial park with the investment totaled to RMB9 billion, including 3 invested by the multinational corporations. Among the programs there are 190 already built up and put into operation with the production capacity totaled to RMB8 billion.