Economy
Yichang has long been a major transit port and distribution center of goods, and serves as the economic hub of western Hubei province and an intermediary between the major cities of Chongqing and Wuhan. Its primary industries are shipping and shipbuilding, taking advantage of its location on the Yangtze River.
Yichang prefecture is the site of many major hydroelectricity projects. The best known of them are the two huge dams on the Yangtze River: the Gezhouba Dam (located just upstream of Yichang central city) and Three Gorges Dam, which is 40 kilometres (25 mi) upstream. The Geheyan Dam and Gaobazhou Dam on the Qing River are important as well. Besides those, a huge number of medium-sized and small power plants operate on smaller rivers and streams within the prefecture.
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Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)