GDP accounts for 43% of Tianjin

Binhai New Area is located in the center of the Bohai Sea area, located in the eastern part of Tianjin, with an area of ​​2,270 square kilometers (slightly larger than three Singapore), a coastline of 153 kilometers and a resident population of 1.35 million.

The so-called Binhai New Area is actually a collective name, including the three functional areas of Tianjin Port, Tianjin Economic and Technological Open Zone (TEDA, TEDA) and Tianjin Port Free Trade Zone, as well as three administrative districts of Tanggu, Hangu and Dagang, as well as Toray and Jinnan. partial area.

According to Tianjin Mayor Dai Xianglong, in a recent speech, it is estimated that the GDP of the new district will reach 150 billion yuan (31.6 billion yuan) in 2005, an increase of 12.3 times compared with that before the establishment of the district in 1993, an average annual increase of 20.6%, accounting for the whole The proportion of Tianjin is 43%. Foreign trade exports also increased by 31.8 times compared with the establishment of the district, and the actual use of foreign capital was 18.7 billion US dollars.

The target of the new district is that after five years, the total production value will reach more than RMB 320 billion. By 2020, the total production value will reach RMB 1 trillion.

At present, Tianjin's economy is mainly concentrated in the transportation industry, logistics industry, and electronics manufacturing.

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