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TEDA Sees Sound Revenue in Attracting Investment

11-04-2021

TEDA showed strong momentum in Attracting investment, the construction of major projects were sped up, the introduction and cultivation of new drivers was effective in the first three quarters, which making every effort to promote the high-quality development of economic society.

From January to September, the new various market entities were 9,655, up 44.28 percent year-on-year. The actual utilized foreign capital was 1.155 billion US dollars, and the actual utilized domestic capital was 35.881 billion yuan. Lots of major projects such as CanSino vaccine industrial park, Minth auto components, Suzhou Ribo, Capchem Semi-conductor and Meiya Chemical  settled down. Platforms and headquarters including chememall.com and Tencent Skylark landed in TEDA. 686 enterprises increased capital, with new total registered capital of over 72.4 billion yuan. Novo Nordisk, Kangshifu Drinks, SEW-Eurodrive and Hongfujin reinvested and expanded production, showing enterprises’ confidence in business environment and rapid development of TEDA.

Meanwhile, the construction of TEDA’s major projects was also accelerated. 59 key projects such as NXP Semi-conductor Testing Center began to be built. Major projects such as Beingjin Gas LNG were sped up. Some projects including Vestas Generator were completed or even put into operation.

There were 880 tech SMEs, 87,000 new employees, 11 municipal-level enterprise technology centers, and 6 key enterprise laboratories of Tianjin in the first three quarters.



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