Tianjin located in northern part of the country, is one of the
4 municipalities directly under the Central Government. It is only
50 km from the heart of the city to Bohai Sea in the east and 120
km to Beijing, the capital of China, in the northwest. Tianjin occupies
an area of 11919.7 square km, and consists of 18 districts and counties,
populated by 10 million.
Tianjin, the largest open coastal city in North China, has become
a well-developed hub with a sea-land-air transportation network.
Tianjin Harbor is the largest manual harbor in China, with the annual
loading and unloading capacity of over hitting 100million tons,
linking with more than 300 ports in 160countries. Tianjin Binhai
International Airport is the largest airfreight center in North
China. Tianjin is also the railway and highway junction of North
China.
With a solid industrial foundation, now 36 large pillar industries
in machinery, electronics, chemical industry and metallurgy have
been formed. And the high & new technical industries
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represented by electronic information, biological
engineering, modern medication and new energy have become the new
trend.
Tianjin is the commerce, industry and finance center in North China
with over 2850 finance institutes. It is not only the logistics
junction between the north and the south of China, but the distribution
center of the northeast, northwest areas and North China. Now it
has formed a multiple financing service system with security exchange,
foreign exchange and funds accommodation as the three finance markets.
The developed industry and commerce, finance service and good investment
environment bring satisfied services and infinite business opportunities
to the businessmen home and abroad. Strong scientific and technical
power and human resources meet all enterprise¡¯s needs for qualified
personnel.
Tianjin is now advancing with giant strides and brilliant prospects.
Its GNP reaches £¤205.116 billion with the annual increase by an
average of 12.2%. The actual utilization of foreign capital amounts
to $22.9 billion, 15682 foreign funded enterprises setting up in
Tianjin, ranking the second among the 4 centrally governed municipalities.
Up to now, 77 transnational corporations of the world¡¯s top-500
have established enterprises and invested in Tianjin, the profit
from foreign investment remaining the first in the whole country.
Tianjin¡¯s import and export are expanding steadily, the annual volume
of import and export amounting to about $23 billion and the export
of machinery, electronic and hi-tech products accounting for 80%
of the total export of Tianjin. Meanwhile, Tianjin imports mechanical
equipment, raw materials and daily use products in a large quantity
to satisfy the domestic market demands. Tianjin¡¯s foreign economic
relations and technical cooperations have been developing rapidly
and there are more and more enterprises established overseas by
domestic corporations. In 2002,about 7000 people were sent abroad
and people working abroad totaled over 11870. Tourism in Tianjin
grows constantly, hosting 500 thousand of overseas tourists and
32.63 million of domestic ones, income from tourism being near £¤60
billion in 2002. Since 1984, Tianjin has set up Tianjin Economic
& Technological Development area and the Tianjin Port Free Trade
Zone. In 1994, Tianjin put forward the strategic target of construction
of the New Coastal Area in about 10 years. After several years¡¯
construction, Tianjin New Coastal Area has become the new area with
great growing potential in the development of Tianjin¡¯s economy.
Its GNP and export make up 40% and 62.1% of the total of Tianjin
respectively. ¡°Opening to the outside world¡± is the strong engine
for accelerating the construction of Tianjin¡¯s modernization.
Tianjin is one of the regions with the fastest growth in economy.
It will construct a center of commerce, trade and finance in North
China, a comprehensive industrial base with advanced technology
and a modernized international sea port metropolis opening in all
directions to the world. |
