Core Insights - The article discusses the transformation of Yumen, a city in Gansu, China, from a prosperous oil town to a "ghost town" due to the decline of its oil industry and subsequent population loss [1][2][19] - It highlights the city's historical significance as a major oil producer and its current efforts to revitalize through the development of the renewable energy sector [4][29] Historical Context - Yumen was once known as the "Pearl of the West" due to its oil wealth, with the first oil well drilled in 1939 marking the beginning of its oil industry [4][6] - At its peak, Yumen's oil production accounted for over 90% of China's total output, significantly contributing to the country's early industrial development [6][8] - The city had a robust infrastructure with around 50,000 jobs, primarily linked to the oil industry, creating a vibrant community [8][10] Economic Decline - The city's economy became overly reliant on oil, with over 65% of its economic output dependent on this single resource, making it vulnerable to market fluctuations [13] - Oil production peaked in 1959 at 1.406 million tons but declined sharply thereafter, leading to job losses and a shrinking population [13][14] - By 2001, the oil company relocated its operations, leaving the old city largely abandoned and contributing to its status as a "ghost town" [14][15] Current Situation - The real estate market in Yumen has collapsed, with prices dropping to 2,000 yuan for a 70 square meter home, equating to approximately 28.57 yuan per square meter [19] - The living conditions have deteriorated due to environmental pollution from past oil extraction practices and natural disasters, further driving residents away [17][19] Revitalization Efforts - Despite its decline, Yumen is experiencing a dual renewal, with the old city becoming a niche tourism destination due to its industrial heritage [21][23] - The new city is thriving with the development of the wind energy sector, positioning Yumen as a leader in renewable energy and creating new job opportunities [29][31] - The city's commitment to ecological restoration has improved living conditions, leading to its recognition as one of Gansu's "Top 100 Counties and Cities" in 2023 [31][33]