A Popular
Choice for Foreign Investment in China and an Area Promising
High Profit Margins
TEDA has become well-established manufacturing
base of electronic and communication products in China. 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.
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