State Nuclear Power Investment(SNPI)four nuclear power reactors project in Haiyang impacted the growth of the local industry in Yantai. In 2010, Yantai city created a nuclear industrial park, which aimed to serve the AP1000 expansion in the country.
The General Manager of SNPI, Mr. Meng Zhenping and the Mayor of Yantai-Zhang Yongxia recently signed a strategic cooperation agreement in the field of research and manufacturing to shape Yantai as the center of industrial and research investment for SNPI.