Tianjin Binhai Hi-tech Industrial Development Area (TBHIDA) (天津滨海高新技术产业开发区) was set up by the CPC Tianjin Committee and the Municipal Government in 1988. Three years later in 1991, it was approved by the State Council as one of the first national Hi-tech industrial parks. TBHIDA upholds the creed of developing its economy relying on science and technology. Major economic indicators have been increasing at a speed of over 30 percent with continuous optimization of its environment, constant increase of innovation capability, and incessant expansion of its industrial scale. A large number of hi-tech enterprises with independent intellectual property rights have sprang up catalyzing the emergence of five advanced pillar industries of green energy, software and high-end information manufacture, bio-pharmacy, advanced manufacture, and modern service industry.
As the national advanced hi-tech industrial area entitled by the Ministry of Science and Technology in 2001, it was classified as the national intellectual property rights pilot model park in 2005. Located at its core region, the Huayuan Industrial Park has been approved to be an ISO14000 national model area. In the meantime, Binhai Hi-tech Area has become nation's first innovative hi-tech zone jointly established by the Ministry of Science and Technology and the city of Tianjin. Furthermore, TBHIDA was listed by the Ministry of Science and Technology among the country's first pilot sites for innovative science and technology parks.