Laizhou traditionally boasts strong economy due to its abundant natural resources, such as gold, magnesium, granite, and salt.

It is ranked 37th among the similar size cities in the nation and the top 10 in Shandong Province.

Laizhou embraces Bohai Bay to its west border and is famous for swimming crabs and razor clams.

Li Denghai, a Laizhou native, is called Godfather of Compact Planting Hybrid Maize for his contribution.

Laizhou Martial Arts Institute was selected to participate in the 2008 Beijing Olympic Opening Ceremony.