TEDA, the best development zone in North China and a firm believer of advanced regional development and investment service philosophy, embraces sustained economic and social progress despite of the changing times and circumstances. Today, it has grown into a resident-friendly, business-friendly and modern Neo-industrial city of infinite possibilities. In the future, TEDA will remain committed to its time-honored motto of “Openness, Entrepreneurship, Aspiration; Innovation, Practical Thinking, and Solidarity”, and step up its role as the heart of Binhai.
Investors Are Kings and ProjectsLifelines
On December 6th, 1984, the Tianjin Economic-Technological Development Area (TEDA) was established as one of China’s earliest development zones. Since its early days, TEDA has come up with the philosophy of “Investors are kings and projects lifelines”. With tenacity and courage, TEDA has successfully attracted a galaxy of heavy-weight investors, thus shaping its unique competitiveness in investment promotion.
Business Environment Equivalent to Its Global Peers
Back in 1985, TEDA innovatively came up with the idea of “creating a business environment equivalent to our global peers” and put it into action immediately. To keep in line with global standard, TEDA adopted unified extra-high requirements for infrastructures by promising “Nine Availables and One Leveling” to investors. Specifically, “Nine Availables” means the readiness of road, water, drainage, electricity, steam, heating, gas, postal and telecommunications, and broadband networks, while leveling refers to the leveling of ground surface. Such high-standard infrastructures sufficiently ensured the construction, production and day-to-day operation of global investors. In 1992, Motorola and Master Kong decided to locate their plants in TEDA, followed by GM, Samsung, Panasonic, SEW and other global giants.
At the time when foreign investment kept pouring in, TEDA thought of something deeper based on the belief that sustainability always lies in exploration and rethinking. This time TEDA came to a formula: “100-1=0”. Aiming at a business environment approaching full marks, TEDA has been striving to avoid losing any point, no matter how minor it might be. At TEDA, we believe that perfection comes from pressure from within. As the amount of water a wood bucket can hold is determined by its shortest plank, TEDA believes that future leap-forwards come from day-to-day self-optimization.
“One-Stop” Investment Service Center & Professional and Considerate Investment Service Team
With pioneering spirits and the advanced philosophy of pursuing new ideas and changes, people in TEDA keep on blazing new trails and take the lead in China in the kick-off of a “one-stop” investment service center supported by a professional and considerate investment service team to provide high-quality services in both hard and soft environments. These efforts have successfully attracted a number of major and good projects and their upstream and downstream suppliers to TEDA, including FAW Toyota, AW Automatic Transmission, Industrialization Base for China’s next-gen Carrier Rocket, Great Wall Motor, Volkswagen Transmission, Foxconn, etc.
A Modern Neo-industrial City
Strong industrial foundation, sound business environment and all-round and high-quality service make TEDA one of the most promising investment destinations in China and even in Asia. By the end of 2021, TEDA has accumulatively attracted 6,362 foreign-funded projects from 97 countries and regions, with total actually utilized foreign capital at 66.48 billion US dollars. It is also home to over 57,000 domestic-funded businesses with a total registered capital of 2.2 trillion yuan. Among the Fortune 500 companies, 117 companies have invested in 523 projects here. High-quality industrial clusters of automobiles and high-end equipment, next-gen information technology, new chemical materials, medicine and health, and modern services have taken shape in TEDA.
A Prosperous, Eco-friendly, Smart and Livable City
In the future, TEDA will adhere to innovation-driven development, continue to optimize its pro-business environment, and strive to become a prosperous, eco-friendly, smart and livable world-class neo-industrial city.