Tianjin Binhai New Area recombines functional zones

As a national structural reform testing district, the Central Business Area of Tianjin, which was a part of Tianjin Binhai New Area, has been incorporated into the Tianjin Economic-Technological Development Area, and the Tianjin Harbor Economic Area, which also was a part of Tianjin Binhai New Area, has been incorporated into the Tianjin Free Trade Zone.

Also, the social responsibility for economic-technological development in Tianjin has been transferred to TEDA Street.

After Tianjin Binhai New Area joined the national development strategy in 2006, Tianjin Binhai New Area implemented two system reforms for administrative control. Seven functional zones were settled in Binhai New Area: the Tianjin Economic-Technological Development Area, the Tianjin Free Trade Zone, the Tianjin Binhai Hi-tech Development Zone, the Tianjin Port Area of the China Pilot Free Trade Zone, Sino-Singapore Eco City, the Central Business Area and the Harbor Economic Area. All seven zones have promoted implementation of the national strategy and striven for more high-end technical characteristics.

Due to the repetition of functional zones in Binhai New Area, it has been reduced to five zones to improve efficiency and scientific development. The integration of functional zones will now realize different advantages and promote common development.

In 2018, the Tianjin Economic-Technological Development Area will consolidate the competitive automobile and pharmaceutical health industries, speed up the development of the intelligent and financial industries, build the industrial base of medical big data and Internet plus, promote the construction of FAW-VOLKWAGEN and FAW-TOYOTA, start to construct Sumsung SDI, and XIUZHENG Medicine, and put JD intelligent logistics and the financial exhibition center.

The Tianjin Free Trade Zone will focus on port trade, biotechnology, intelligent manufacturing and hi-end equipment, build the GE China Intelligent Manufacturing Center, Lenovo Capital and Incubator Group Center and the Synthetic Biotechnology Innovation Center, and accelerate the construction of a sea water desalination and comprehensive utilization project and a rail transit project.

The Tianjin Binhai Hi-tech Development Zone will pay attention to new energy and the new energy automobile industry, promote the construction of the National Battery and Hi-tech New Energy Auto and Tsinghua UniGroup Headquarters.

The Tianjin Port Area of the China Pilot Free Trade Zone will give priority to development of finance leasing, international trade, and shipping logistics, and build a platform for leased assets to promote the development of export leasing and Cross-Border Electronic Commerce.

The Sino-Singapore Eco-city will develop culture innovation, tourism and health and intelligent industries to build an international leading e-sports center and 5G joint innovation lab, and ensure the opening of a National Ocean Museum.

The working committee of TEDA Street is responsible for social management, public services and market supervision.

Tianjin Binhai New Area will further deepen reform of functional zones and optimize their structures to build a golden age.