Facts&Figures (First half of 2008)
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Rating |
|
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Year of Establishment |
March 1991 |
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Land Area |
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Location |
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GDP |
RMB 22.1 billion |
|
FDI |
N.A. |
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Utilized FDI |
US$404 million |
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Major Investors |
Siemens, |
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Major Industries Encouraged |
Software and IT, green energy, advanced manufacturing, biopharmaceuticals |
Source: Administration Committee of Tianjin High-tech Industry Park
Introduction
Tianjin HIP consists of
Investment Climate
Tianjin HIP enjoys rapid economic growth. Its main economic indicators have been increasing at an average of over 30% over ten consecutive years. In the first half of 2008, Tianjin HIP's GDP reached RMB 22.1 billion, representing an increment of 32% year on year. The revenue of companies in the zone grew by 33.4% to RMB 80.2 billion.
Within the same period, the contracted FDI in the zone realized US$663 million, an increase of 7.9 times over the previous year. It was a figure that nearly amounted to the total contracted FDI of the past three years. Utilized FDI stood at US$404 million, up 17.4 times year on year, and coming close to the total utilized FDI of the last five years.
The HIP's pillar industries are software and IT, green energy, advanced manufacturing, and biopharmaceuticals. Major investors include Siemens,
Tianjin HIP has strong research and self-innovation capabilities. Three national research bases are located within the park, namely, the National Chemical and
Tianjin HIP is the first National Pilot Park of Intellectual Property Rights. To date, the number of patents applied for by the enterprises in Tianjin HIP accounts for over 60% of the city's total. There are also six state-level enterprise technology centers and fifty-five city-level enterprise technology centers. The cost input in research and development was equal to 8% of the park's GDP.
Tianjin HIP has close cooperative relationships with sixteen R&D institutes from the
The park also has a rich talent pool. It is surrounded by ninety-six scientific research academies and institutes, universities and colleges.
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