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China Petroleum and Chemical Private Economy High-Quality Development Conference 2025 Held in TEDA

11-27-2025

On November 25, the China Petroleum and Chemical Private Economy High-Quality Development Conference 2025 was held in TEDA. Under the theme "New Blueprint, New Momentum, New Leap," the conference aimed to promote the high-quality development of the private sector in the petroleum and chemical industries during the 15th Five-Year Plan period. It attracted over 1,100 participants from government agencies, industry associations, and the business sector.

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The conference featured multiple sub-forums and released the China Petroleum and Chemical Private Economy Development Report. During the event, TEDA Haihe Haitang Carbon Bay No. 1 Technology Innovation and Entrepreneurship Investment Partnership (Limited Partnership), also known as the "Carbon Bay No. 1 Fund," made its official debut. Jointly initiated by TEDA and Tianjin Haitang Venture Capital Management Center (Limited Partnership), the fund has a total scale of 200 million yuan. It will focus on cutting-edge sectors such as carbon materials, biomanufacturing, and new energy, with TEDA Nangang Industrial Zone as its core base. The fund aims to inject capital momentum into high-quality early-stage private projects, supporting the cultivation of regional new productive forces.

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The China Petroleum and Chemical Private Economy High-Quality Development Conference has been held in TEDA for three consecutive years. As the core hub for Tianjin's high-quality development in the petrochemical sector, the TEDA Nangang Industrial Zone has attracted over 170 projects with a total investment exceeding 190 billion yuan. It has gathered a number of world-renowned companies, including Sinopec, CNOOC, CNPC, Hebei Chengxin, and Henghe, ranking among the Fortune Global 500 or leading enterprises in the industry. In 2024, the park achieved an output value of nearly 120 billion yuan, demonstrating robust growth momentum.

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