TEDA Sees Rapid Growth in Multiple Economic Statistics

From January to February of this year, the economic operation of TEDA has shown a stable rebound, and the trend of high-quality development is outstanding.

Multiple economic statistics showed a significant increase. From January to February, the fixed asset investment in TEDA was 4.25 billion yuan; the actual use of domestic capital, 10.571 billion yuan, an increase of 29.9%; and the actual use of foreign capital was 490 million US dollars, an increase of 95.8%.

Industrial structure has been further optimized. The value added of leading industries such as biopharmaceuticals and chemical new materials increased by 52.5% and 14.0% respectively; the value added of strategic emerging industries increased by 4.5%; the value added of high-tech manufacturing increased by 14.1%.

Construction of key projects have been started one after another, including Binhai-Zhongguancun Digital Economy Industrial Park, Huarong Kingsung Biotechnology Headquarters and 16 more, with a total investment of 7.8 billion yuan.

Regional demand has been restored. By launching various cultural and tourism consumption campaigns, TEDA has pushed wholesale & retail, accommodation and catering to a rapid growth of over 15%.

Both the number and scale of signed projects are large. In the first two months, TEDA has inked 153 projects, up 59% year-on-year, with a total investment of 11.91 billion yuan. Among them, projects that above 1-billion-yuan scale are mainly in the emerging industries and new frontiers.