Tianjin
Economic-Technological Development Area (TEDA):
A processing and manufacturing center in North China
One of the most highly recommended economic areas in
China
One of the most dynamic areas in China
One of the 1st State-Level Development
Areas 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.
A Successful State-Level Development
Area in China
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.
--Oct. 9, 2000 "Fortune"
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.
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