Note: Tianjin 20051107 // Tianjin 20051107 // Tianjin 20051107
Tianjin's GDP reached 1.572 trillion yuan in 2014, an increase of 10.0 percent over 2013. The city of Tianjin recorded China's highest per-capita GDP with $17,126, followed by Beijing with $16,278 and Shanghai with $15,847.
The municipality recorded a 16.5% increase in GDP in 2009, second only to the 16.9% rate in resource-rich Inner Mongolia, and nearly double the national growth rate. In the short term, infrastructure spending will buoy Tianjin's economy. There are substantial projects under way to extend the metro system and improve road and rail links with the nearby national capital, Beijing.
Although the international financial crisis spread rapidly and the speed of world economy growth is slowing down, Tianjin economy still maintains at a steady and fast growing speed. In 2008, Tianjin's total output value was RMB 635.438 billion, an increase of 16.5%, say RMB 130.398 billion increase over last year, the first time with an increase of exceeding RMB 100 billion. The total output value per capita in Tianjin was US$7,800, nearing the level of middle developed countries. Tianjin had realized a directly contracted foreign investment of up to $13.256 billion, an increase of 15.1%, and actual contributed capital of $7.420, increasing 40.6% year on year. So far Tianjin has had 21,048 companies with foreign investment, with accumulated foreign investment of $47.2 billion.
At the same time, Tianjin is actively developing financial reform and innovation. The China Bohai Bank, the first national commercial bank limited by shares with headquarters in Tianjin, had set up six branches and 14 offices open to the public by the end of 2008. In March 2008, the national non-listed public companies equity exchange market (OTC) was established in Tianjin upon approval of the State Council.Tianjin has become the pilot city with the most industrial investment funds in China. The China National Private Equity Forum was held in Tianjin again, with approx. 500 investment companies and private fund institutions as well as about 2,000 growing enterprises involving in global capital circulation through this Capital Connection in Tianjin. Supported by the strong actual goods exchange, Tianjin takes futures industry development as a key part of its financial reform and innovation. In July 2008, the Yide Futures Broker Co. moved its headquarters to Tianjin. Tianjin Finance Town Project, North Jiefang Road as its axle, has been initiated. It will be built into a comprehensive, open and intellectual finance service area within ten years.
Tianjin is transforming into a hub city for international shipping and logistics, modern manufacturing and research and development. Nominal GDP of Tianjin has swelled by 2.8 times from 184 RMB billion in 2001 to 505 RMB billion in 2007. Tianjin pillar industries are electronic information technology, automotive, biotechnology and pharmaceuticals, metallurgy and petrochemicals industries. The new coastal area, consisting of Tianjin Port, Tianjin Economic and Technology Development Area and Tianjin Bonded area, has attracted numerous world-famous businesses like Motorola, Toyota and Samsung. Globalization and opening up of the economy to the rest of the world have brought about remarkable benefits to the economic growth of Tianjin.
Government finance revenue of Tianjin increased by more than threefold from 16 RMB billion in 2001 to 54 RMB billion in 2007. As revenue rose, expenditure on science and technology, education, culture, health and sports followed suit as well, reaching 10 billion RMB in 2004, constituting to 30.7% of the city's financial expenditure. Revenue has also been used in the building of infrastructure such as new roads, new bridges and commercial houses. One of the development objectives in the 11th Five year Plan is to have financial revenue growing at the rate of 16% annually.
|Skyscrapers in Tianjin||Meters||Feet|
|Goldin Finance 117||597.00||1,958.66|
|Tianjin World Financial Center||336.9||1,105.32|
|Yujiapu Administrative Services Center||299.45||982.45|
|Bohai Bank Tower||270||885.83|
|5 Taian Dao||253.40||831.36|
Tianjin total investments in fixed assets have increased from 62 RMB billion in 2001 to 239 RMB billion in 2007, representing a 3.9 times surge over a period of six years. Tianjin has built up its competitive advantages in the investment landscape such as: convenient port transportation services, an open market, advanced logistic services, alluring preferential policies and having efficient government services. By the end of 2004, more than 118 countries and regions invested in Tianjin, setting up approximately 16,000 enterprises. Currently, Tianjin is developing itself into an eco-city, thus, bringing multiple prospects for investments in fixed assets in the subsequent time periods.
The manufacturing sector was the largest (54.8%) and fastest-growing (18.2%) sector of Tianjin's economy in 2009. Major industries include petrochemical industries, textiles, car manufacturing, mechanical industries, and metalworking. EADS Airbus is an important manufacturer, and has opened an assembly plant for its Airbus A320 series airliners, operational since 2009. Tianjin also hit the news in 2010, as the current fastest supercomputer in the world, Tianhe-1A, is located at the National Supercomputing Center in Tianjin. GDP in 2009 hit ￥750.1 billion, with a per capita of RMB￥62,403.
|Industrial complexes in Tianjin||Details|
|Tianjin Airport International Logistics Zone||Tianjin Airport International Logistics Zone is jointly invested by Tianjin Port Free Trade Zone and Tianjin Binhai International Airport. It is located inside the airfreight area of Tianjin Binhai International Airport. It has domestic and foreign excellent airfreight logistics enterprises engaged in sorting, warehousing, distribution, processing, exhibition. It is in the process of constructing the largest airfreight base in northern China.|
|Tianjin Economic & Technological Development Area (Also known as TEDA)||As one of the first state-level economic and technological development zones, TEDA was founded on December 6, 1984, with the approval of the State Council. It enjoys relevant state preferential policies with the major task to attract domestic and foreign investment to develop high and new technology oriented modern industries. As an affiliated organ of the Tianjin Municipal Government, the Administrative Commission of Tianjin Economic-Technological Development Area exercises unified administration of TEDA on behalf of the Tianjin Municipal Government and enjoys provincial-level administrative and economic management rights.|
|Tianjin Baodi Economic and Technological Development Area|
|Tianjin Export Processing Zone||Tianjin Export Processing Zone is one of the first 15 export processing zones approved by the State Council on April 27, 2000. This is a special enclosed zone where the Customs conduct 24-hour administration on commodities transported into and out of the zone and relevant places. The central government granted this special economic zone special preferential policies to attract enterprises in the business of processing and trade to invest in the zone. Tianjin Export Processing Zone is located to the northeast of TEDA with a planned area of 2.54 km2 (0.98 sq mi). The area developed in the first phase is 1 m2. A permanent wall is built to separate export processing zone and non-export processing zone.|
|TEDA Western Zone||Land expansion is being carried out in Tianjin Economic-Technological Development Area. The newly expanded area-the Western Zone of TEDA is located in the western part of TEDA between Tianjin Port and Tianjin International Airport. It covers an area of approximately 48 km2 (19 sq mi)|
|Tianjin Port Free Trade Zone||[[File:At an Electric Car Factory in Tianjin, China.jpg|left|thumb| US Congresswoman Nancy Pelosi visiting a Tianjin electric car factory in 2009]] Tianjin Port Free Trade Zone is the largest free trade zone in northern China as well as the only free trade zone in northern China. The zone was approved to be established in 1991 by State Council. It is 30 km (19 mi) from Tianjin city proper, less than 1 km (0.62 mi) away from the wharf and only 38 km (24 mi) away from Tianjin Binhai International Airport.|
|Tianjin Tanggu National Marine High-Tech Development Area||Tianjin Tanggu Marine High-Tech Development Area was established in 1992, and was upgraded to the national-level high-tech development area by the State Council in 1995, it is the only national-level high-tech development area specializing in developing the marine Hi-Tech industry. By the end of 2008, the zone has 2068 corporations and has 5 industries there including new materials, oil manufacturing, modern machinery manufacturing, and electronic information.|
|Huayuan Area Industrial Development Park|
|Wuqing Development Area|
|Micro-Electronic Industry Park (Jinnan)||In 2003, TEDA cooperated with Jinnan District of Tianjin and build up the Science & Technology Park of TEDA, which is the extension of TEDA with new functions in space, industry, management, culture and service. Tianjin TEDA Scientific Technology Industrial Park Development & Construction Co. Ltd (TTSTIPDC) was established in October, 2003, supported by Tianjin TEDA Investment & Holding Co. Ltd and Tianjin Jinnan District Town Construction Integrative Investment Co. Ltd. The company is funded by 200 million RMB. It works at investing and managing land, energy & infrastructure project construction and marketing management, setting up creative, life, culture common establishment and common business, setting up the third industry, development and management real estate.|
|Nangang Industrial Zone||A world-level heavy and chemical industry base and harbor; an important part of the "dual-city, dual-harbor"space development strategy of Tianjin, a world-class demonstration zone of circular economy. The total planned area of Nangang Industrial Zone is 200 km2 (77 sq mi), of which the terrestrial area is 162 km2 (63 sq mi).|
Farmland takes up about 40% of Tianjin Municipality's total area. Wheat, rice, and maize are the most important crops. Fishing is important along the coast.
Tianjin Municipality also has deposits of about 1 billion tonnes of petroleum, with Dagang District containing important oilfields. Salt production is also important, with Changlu Yanqu being one of China's most important salt production areas. Geothermal energy is another resource of Tianjin. Deposits of manganese and boron under Tianjin were the first to be found in China.
Binhai New Area
Tianjin Binhai New Area (TBNA) is located in the juncture of the Beijing-Tianjin City Belt and the Circum-Bohai City Belt. It is the gateway to North China, Northeast China, and Northwest China. Lying in the center of Northeast Asia, it is the nearest point of departure of the Eurasian Continental Bridge.
|Population size may be affected by changes on administrative divisions.|
At the end of 2009, the population of Tianjin Municipality was 12.28 million, of which 9.8 million were residential holders of Tianjin hukou (permanent residence). Among Tianjin permanent residents, 5.99 million were urban, and 3.81 million were rural. Tianjin has recently shifted to rapid population growth, its population has reached 14.72 million as of 2013 end.
|Ethnic groups in Tianjin, 2000 census|
Excludes members of the People's Liberation Army in active service.
Tianjin People's Broadcasting Station is the major radio station in Tianjin. Broadcasting in nine channels, it serves most of North China, part of East and Northeast China, reaching an audience of over 100 million. Tianjin Television, the local television station, broadcasts in nine channels. It also boasts a paid digital channel, featuring home improvement programs. Both the radio and television stations are now branches of the Tianjin Film, Radio and Television Group, established in October 2002.
Major local newspapers include the Tianjin Daily and Jin Wan Bao (literally, tonight newspaper), which are the flagship papers of Tianjin Daily Newspaper Group and Jinwan Mass Media Group, respectively. There are also three English-language magazines: Jin, Tianjin Plus and Business Tianjin, mostly directed at ex-pats resident in the city.