Home- News- Economy- Travel- Science- IT- Sports- Game-
Entertainment-Fashion- Tianjin- Health- Real Estate- Auto- Job- English
BBS Dating Email Album
    Your position: enorth>> English>>>>Tianjin News

 


TEDA OVERVIEW

 
   

Tianjin Economic-Technological Development Area (TEDA) was established on December 6, 1984 with the approval of the State Council of the People's Republic of China. It is one of the first state-class economic-technological development areas in the country.

A Successful State-Level Development Area in China

Created 20 years ago with the approval of the Chinese central government, Tianjin Economic-technological Development Area (TEDA) is one of the first state-level coastal development areas opening to the outside world.

Since year 1997, the Ministry of Commerce, the previous Ministry of Foreign Trade and Economic Cooperation (MOFTEC), has been evaluating each year state-level development areas from the following six perspectives: overall economic strength, infrastructure, operating cost, human resources support, environment and technological innovations.The results of these evaluations indicate that these main economic indicators of TEDA of the past few years remain the highest among those of the other 48 development areas of its kind in the country. TEDA has now become North China¡¯s center of processing and manufacturing industries and a base for commercializing high-tech achievements.

Recommended Economic Area in China

Comparing with other areas of processing and manufacturing industries around the world, TEDA identified mainly by its dynamic economy, outstanding investment environment, convenient transportation network, sophisticated utilities and talents pool. These features are very attractive to foreign investors and make TEDA the most welcomed business location in China.

For example, in terms of the transportation network, TEDA can be easily accessed from other major cities by highways and railroads. Moreover, the largest cargo airport in China, Tianjin International Airport is close to TEDA. As the largest international trading port of north China and the major outlet for the western part of the country, Tianjin New Port is served by more than 300 ports in 70 countries all over the world.--on Oct. 9, 2000 "Fortune"

United Nations Industrial Development Organization (UNIDO) listed TEDA as one of the most dynamic areas of China

United Nations Industrial Development Organization (UNIDO) listed TEDA as one of the most dynamic areas of China together with Shenzhen, Suzhou, Wenzhou, Shanghai Pudong and Xi'an High-tech Park.

A Popular Choice for Foreign Investment in China and an Area Promising High Profit Margins

TEDA has become China¡¯s well-established manufacturing base of electronic and communication products. The output of such products as cellular phones and monitors is the highest in the country. According to the statistics of the Ministry of Information Industry, TEDA¡¯s profit rate of IT industry in 2002 was 10.46% higher than the national average of 4.29%, the highest in the country. It has also been maintaining a 15% return on industrial assets and China¡¯s highest return on foreign investment in the past five years

Broad Market Coverage

TEDA mainly focuses on the markets of the northern, northeastern and northwestern parts of China. It is the center of Beijing-Tianjin Metropolis Economic Circle that has a radius of 500 km and accounts for 6.1% of China¡¯s territory and 21.2% of its GNP.11 out of the 32 large Chinese cities with more than 1 million people are in this economic circle. The population in these cities is 200 million or 16.6% of the nation's total. The vast hinterland markets provide enormous business opportunities for industrial product sales.

Tianjin¡¯s Sophisticated Industrial Legacy

Tianjin is the third largest Chinese city and an industrial-commercial center of north China. In this city that has witnessed the earliest stages of industrial development of the country, investors can benefit a lot from the local low-cost supply chain.

Talents Pool

Tianjin has 10 million people. Labor costs of the city are far lower than those of Shanghai, Guangzhou and Beijing. The 25 universities and more than 140 research institutes here serve as a source of professionals.

Perfect Investment Environment

TEDA is committed to the philosophy that investors are the god and the concept that all conveniences should be provided to investors. TEDA¡¯s administration and public utilities services have been ISO9000 certified.

 
From: Enorth.com.cn  2005-06-24 14:44
 

Related Articles:

Source New Products from Alibaba's Premium Suppliers
Street Light
Porcelain Tile
Glassware
Glass Mosaic Tile
Vinyl Flooring
Vertical Blinds
Tatami
Solar Light
Tiffany Lamp
Rope Light
Wireless Camera
Satellite Receiver
Golf Cart
Solar Panel
Christmas Light
Massage Chair
Candle Holder
Nokia Mobile Phone
Electric Golf Cart
Wood Door
Iron Gate
Bathroom Furniture
Dining Table
Leather Sofa
Floor Tile
Go Cart
Electric Scooter
Gas Scooter
Evening Dress
Go Kart
Car Seat Cover
Tea Set
Glass Table
Wicker Basket
Mini Motorcycle
Pet Clothing
Dirt Bike
Pocket Bike
Mini Chopper
More
 
Editor: Zhang Jialu
Copyright (C) 2000-2007 Enorth.com.cn, Tianjin ENORTH NETNEWS Co.,LTD.All rights reserved