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Tianjin is the birthplace of modern Chinese mechanical industry and textile industry. After the founding of the People¡¯s Republic of China, over a dozen industrial areas and sections were established. With such a solid foundation, Tianjin developed into an industrial base. Especially, its ¡°Beijing¡± Brand TV sets, ¡°Flying Pigeon¡± bicycles, and ¡°Seagull¡± watches have marked a splendid history in Tianjin. After China adopted the policy of reform and opening up to the outside world, the old industrial base of Tianjin showed its vitality once again. Gradually, six advantageous industries were formed¡ªelectronic information, automobile, metallurgy, chemical industry, biotechnology and modern medicine, new energy sources and environment protection. In 1980, Tianjin was designated by the central government of China as one of the first cities to open to the outside world. Up till now, over 110 countries and regions had invested in Tianjin, and 16,000 enterprises had been established with foreign investment. Of the top 500 enterprises in the world, more than 100 had invested in Tianjin. As the largest artificial deep-water harbor and the largest port in the north of China, Tianjin Port has the largest container dock groups, and the largest special docks for bulk grain and coke. With Tianjin Port, TEDA and TPFTZ as its essential components, Tianjin New Coastal Area has attracted investment from a large number of world famous enterprises. It has developed into an indicative region opening to the outside world, and constituted the biggest point of economic growth in Tianjin. During the decade between 1993 and 2004, the output value of Tianjin increased at the average annual rate of 12.5%, which put Tianjin among the areas with high development speed in China.

From: Enorth.com.cn  2006-02-27 09:38

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Editor: Zhang Jialu
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