Promote the Construction of Free Trade Zone in Binhai New Area and Accelerate Beijing-Hebei Economic Development
Tianjin Free Trade Zone, with the plaque unveiled in April 2015, is the unique pilot free trade zone in the North area of the Yangtze River and shares the great strategies of Beijing-Tianjin-Hebei co-development and one belt & one road construction. With the same function and promotion as Shanghai Free Trade Zone, Tianjin free trade zone promotes the reform by the opening policy and accelerates the development by the mechanism of reversal pressure
Since the foundation of Tianjin free trade zone, there are about 7,053 market entities making the registration in Tianjin Dongjiang Area, Tianjin airport area, and Binhai New Area Center, attaining a year-on-year growth of 108.67%. Tianjin free trade zone has recorded 80 new foreign-funded enterprises and 1.1712 billion of contracted foreign capital, separately taking up 58.82% and 69.42% of the total new foreign-funded enterprises & contracted foreign capital in Tianjin city.
Policy dividend directly drives the rapid development of competitive industries in Tianjin free trade zone. By the end of June 2015, there are totally 1,192 registered leasing companies and 8.03 billion of registered capital in Dongjiang port bonded area of Tianjin free trade zone. Tianjin free trade zone obtains totally 40 billion of leasing asset, approximately taking up 10% of the national total rental assets. It is the area that possesses the most leasing asset all over China.
Compared with other three free trade zones, Tianjin free trade zone has two core missions. One is to establish circulation platform of the national found & rent, the other is to serve the co-development strategy of Beijing-Tianjin-Hebei. The largest and most globally effective Liquor industry park project in China, with the construction area of nearly 30,000 square meters, is located in No.315, Xingang Avenue, Tianjin pilot free trade zone. The project is the unique comprehensive building with the multi-functions of warehouse, office, exhibition, commerce and business in Tianjin pilot free trade zone. Since the formal approval of Tianjin pilot free trade zone, the rare and resource real estates have potential great appreciation space.