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No.17 Jun. 5th-Jun. 18th

No.17SSTPC’s PC Project To Become Operational within 2021
Presenter
Lv Wanwan

Clerk of Foreign Affairs Section, General Office of TEDA CPC Committee (General Office of TEDA Administrative Commission)

SSTPC’s PC Project to Become Operational within 2021


The 260,000-ton/year polycarbonate project of SINOPEC SABIC Tianjin Petrochemical Co., Ltd. (SSTPC) will soon wrap up construction and be ready for SOP, which is expected to happen in December this year. Jointly built by Sinopec and SABIC with a total investment of about 10.1 billion yuan, the project will serve as a booster to the upgrading of TEDA’s petrochemical industry.

CanSinoBio’s COVID-19 Vaccine Produced in Pakistan


With the support of CanSino Biologics Inc., a Chinese vaccine company, Pakistan’s National Institute of Health recently completed the filling of a batch of CanSinoBio COVID-19 vaccine prime fluid and produced more than 120,000 doses of vaccine in total. This is Pakistan’s first localized production of COVID-19 vaccine. Meanwhile in China, construction of CanSinoBio’s refrigerated distribution center has kicked off in the West Zone of TEDA.

CanSinoBio’s Refrigerated Distribution Center Kicked off Construction


With a total floor area of 12,879.4 square meters, CanSinoBio’s refrigerated distribution center will be able to store up to 200 to 300 million doses of finished vaccines and packaging materials.

TEDA Cell Valley Pilot Zone Unveiled


TEDA Cell Valley Pilot Zone has been officially launched quite recently. Comprising the East Zone and the West Zone of TEDA as its two core areas, the Pilot Zone is expected to adopt a full-chain development model which integrates the R&D, production and service of cell therapy and gene technology. It will also attract and foster a group of globally-influential companies in the cell industry, and facilitate the innovation and growth of cell and gene technology in TEDA and Tianjin.

TEDA Joined the National Community of Big Health Industrial Parks


The National Community of Big Health Industrial Parks was established quite recently, with 14 medical industrial parks such as TEDA and Bo’ao Lecheng International Medical Tourism Pilot Zone of Hainan Free Trade Port as founding members. Depending on this platform, TEDA will be able to work more closely with its peers in areas such as global-oriented vaccine innovation industrial park, “Cell Valley” pilot zone, high-end medical equipment base, and digital medical clusters.

New Pilot Program to Be Launched in TEDA Comprehensive Bonded Zone


TEDA Comprehensive Bonded Zone was included into the pilot program of VAT general taxpayer qualification, making itself the first of such comprehensive bonded zone in Tianjin. Enterprises in the zone can apply for the general taxpayer qualification on a voluntary basis. To boost their domestic trade, they can acquire VAT invoices (special) for their goods for domestic sales according to regulations, and apply for VAT input tax credit or export rebates for goods originating within Chinese territory and purchased from outside Chinese territory.

Sinochem Factoring Reinvesting 300 Million Yuan


Sinochem Commercial Factoring Co., Ltd., an enterprise in TEDA, increased its capital by 300 million yuan to 600-million-yuan paid-in registered capital. Backed by Sinochem’s core position in energy and chemical industry, and based on the strategic merger between Sinochem Group and ChemChina, Sinochem Factoring provides targeted financial services for upstream and downstream customers in the two groups’ industrial chain.

Minmetals Securities Landing its First Tianjin Branch in TEDA


On June 7, Tianjin Branch of Minmetals Securities Co., Ltd. held its opening ceremony in TEDA,making itself the first branch of Minmetals Securities in Tianjin. The new company will provide comprehensive financial services such as mergers, acquisitions and refinancing for enterprises in TEDA and comprehensive wealth management for individual investors. It will drive the growth of financial industry in TEDA and Tianjin.

Another High-End Manufacturing Project Broke Ground in TEDA


Tianjin Taigang Daming Metal Product Co., Ltd. broke ground for a high-end manufacturing project in TEDA West, which will generate an annual output of 200,000 tons of metal materials. The project will purchase a large number of advanced production equipment featuring automation and intelligent technologies both at home and abroad. Its products include large engineering equipment, LNG storage tanks, parts and components for the energy industry and construction engineering. With a total investment of 150 million yuan, the project will see the completion of plant construction and installation of part of the equipment by the end of this year.

TEDA Celebrated the Dragon Boat Festival


On the eve of Dragon Boat Festival, Binhai Cultural Center launched more than 20 splendid cultural activities, such as cultural exhibition and performance, themed popular science experience, and a special fair at the Langqiao Cultural Market. The Center offered citizens a unique diversified cultural experience of this traditional festival.


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