Tianjin - Tianjin Jinnan Economic Development Area

Tianjin Jinnan Economic Development Area

Facts&Figures (2007)

Source: Administration Committee of Tianjin Jinnan Economic Development Area

Introduction

Tianjin Jinnan Economic Development Area (Tianjin Jinnan EDA) was established by the Tianjin Municipal Government in 1992 and covers an area of 6.88 km². It is divided into two zones: the eastern zone and western zone.

The eastern zone has an area of 3.7 km². It is located in Xianshuigu Town and Gegu Town of Jinnan District, 16 km southeast from Tianjin’s downtown, 15 km from Tianjin Binhai Airport, 18 km from Tianjin Port, and 125 km from Beijing. In 2007, the cargo throughput of Tianjin Binhai Airport and Tianjin Port ranked twelfth and fourth in China respectively.

The eastern zone is also easily accessible by land. It is 12 km from the Beijing-Tianjin-Tanggu Expressway. The Tianjin-Taiyuan Expressway and the Dandong-Lhasa Expressway both pass through the eastern zone, and lead to Shenyang, Shanghai and Fuzhou.

The western zone is located in the Shuanggang Town of Jinnan District, close to the airport. It is 13 km southeast from Tianjin’s downtown, 8 km from Tianjin Binhai Airport, 36 km from Tianjin Port, 10 km from Tianjin South Freight Train Station and 12 km from Beijing-Tianjin-Tanggu Expressway.

Investment Climate

Presently, the pillar industries of the eastern zone are electronics and IT, metal products and plastic products, while industries such as the light industry, food processing and bio-manufacturing are encouraged in the western zone.

Several zones have been set up in the EDA such as Tianjin's Concentration Zone for Electronics and IT, the Plastic Product Processing Zone, Tianjin's Manufacturing and Processing Base for Machinery and Equipment, and Tianjin International Metal Products Logistics Park.

By the end of 2007, there were 189 companies in the EDA, of which, foreign invested companies account for 55%. The accumulative utilized FDI reached US$620 million, while domestic investments totaled RMB 1.7 billion.

According to the Foreign Investment Guide for Tianjin's Industrial Parks, the electronics and IT industry is Jinnan District’s key industry. There are approximately thirty companies in this field, which focus on business cooperation with Samsung, LG and Motorola. In 2006, their industrial output reached RMB 1.7 billion. Major players include domestic companies such as Fangzhou Optical, Fugang Electronics and Youni Electronics.

The plastic industry is another highlight of the EDA. The Tianjin Plastics Group, which is the largest plastic products manufacturer in the city, is the leading plastics enterprise in the zone. Fourteen other enterprises, such as Donghai Rubber & Plastics, Rexam Plastics and Jinze Plastics, have also established their presence in the EDA, with an annual gross output of 80,000 tons of plastic products and revenue of RMB 1.3 billion.

There are currently fifty-five companies in the machinery industry. Their gross steel deep-processing capability is 5 million tons per year, and major products include mechanical accessories, cold-rolled sheets, oil pipe casing and drills. The US-invested Dehua Petroleum Equipment Corp is a major company in this field. In order to boost the logistics for metal products, the EDA has also set up a logistics park with an investment of RMB 300 million.