Investing in Tianjin
Tianjin is a municipality and a coastal metropolis located in Northern China on the shore of Bohai Sea. Tianjin is an integral part of the Bohai Gulf Economic Region and recognised as North China’s main maritime hub. Well-known for its airport as one of the major centers for cargo transport, Tianjin is acknowledged to be one of the main industrial centers of China, for the mechanical, textile and oil production industries along with Tianjin’s Pilot Free Trade Zone. With a population of 13.8 million inhabitants covering a total surface area of 11,760 km2.
Local authority data shows that Tianjin Province recorded total exports of USD 45 billion and total imports of USD 62 billion, with 15,089 established foreign investment companies. In addition to an average urban salary of USD 15,223.
In terms of GDP among the provinces in China, Tianjin ranked 23rd, reaching USD 204 billion in 2020 and USD 203 billion in 2019 with a GDP per capita of USD 13,067. Along with GDP growth of +4.8% in 2019 and +1.5% in 2020.
Main Economic Centers (GDP) in Tianjin
Binhai (USD 154 billion)
Xiqing (USD 17 billion)
Wuqing (USD 17 billion)
Beichen (USD 16 billion)
Dongli (USD 14 billion)
Main Sectors in Tianjin
Main Industrial Areas in Tianjin
Tianjin Pilot Free Trade Zone
Tianjin Economic and Technological Development Area
Binhai High-tech Industrial Development Zone
Dongli Economic and Technological Development Zone
Xiqing Economic and Technological Development Zone
Beichen Economic and Technological Development Zone
Wuqing Economic and Technological Development Zone
Tianjin Port Bonded Area
Tianjin Export Processing Zone
Tianjin Dongjiang Port Bonded Area
Tianjin Binhai New Area Comprehensive Bonded Area
(Tianjin) Pilot Free Trade Zone
Established in 2015 known as the Logistics hub for the development of Beijing-Tianjin-Hebei area, with the purpose to lead the economic transformation of China by having a key role in the economic development and coordination of Beijing-Tianjin-Hebei region.
The target industries are international logistics, corporate headquarters, telecommunication, biology, advanced manufacturing, civil aviation, new energy and new materials, financial services, information technology, cross-border e-commerce. Besides, the functional areas include the Binhai CBD area (46.8 sq. km), Dongjiang area (30.0 sq. km), and Tianjin Airport area (41.3 sq. km).