Rapid growth of multiple economic indicators in Tianjin Port Free Trade Zone

In the first half of 2021, the Tianjin Port Free Trade Zone (TPFTZ) handed over an impressive report, with GDP growth of 19.8%, trade volume growth of 71.6%, and regulated industrial output value growth of 33%… All nine major economic indicators achieved positive growth, with gratifying results. With outstanding features and numerous bright spots, it has laid a solid foundation for a good start in the “14th Five-Year Plan” (2021-2025).

Economic momentum continues to improve and industry development improves quality and efficiency.

This year, the TPFTZ adheres to the principle of “innovating and establishing a zone, manufacturing a strong zone, reforming a lively zone, and opening up and prospering the zone.” With efficiency as the goal, we will forge ahead, accelerate construction of a modern industrial system, and build a “ballast stone” for economic development. In the first half of 2021, the economic momentum of TPFTZ continued to improve, with GDP growth of 19.8% and trade volume growth of 71.6%, leading Tianjin in growth.

In terms of industrial development, in the first half of 2021, quality and efficiency were improved, and the industrial output value of the regulations increased by 33%, of which the output value of offshore equipment, auto parts, fast-moving consumer goods, and new materials increased by more than 30%; for-profit service industry, the growth rate of transportation industry exceeded 70%. The profits of regulated industrial enterprises increased by 1.9 times; the profits of trading enterprises above designated size increased by 63.9% year-on-year; the profits of for-profit service industry enterprises increased by 14.4% year-on-year. Compared with previous years, the profit level has improved, and the profit volume has increased rapidly.

Project quality reaches a new high and technological innovation releases vitality.

Investment promotion is a big strategy, big measure, and big project related to the overall and long-term goal. The TPFTZ insists on “projects are king”, and strives to introduce more great projects around “chaining, supplementing and strengthening the chain”. In the first half of 2021, the TPFTZ introduced 671 key projects such as CNOOC Marine, China Coal Insurance Brokerage, 100doc.com.cn, and Inceptio Technology, including 22 Fortune 500 projects, 19 Beijing state-owned enterprise projects, and 167 entities. The results are outstanding, and the quality of projects has reached a new high.

While striving to introduce more great projects, the TPFTZ has continued to increase the intensity of introduction of new kinetic energy, and insisted on scientific and technological innovation to release vitality. In the first half of 2021, the output value of strategic emerging industries increased by 28.9%, accounting for 27.9% of the total industrial output value; the high-tech manufacturing industry achieved an output value growth of 4.2%, accounting for 6.6% of the total industrial output value; the income of the high-tech service industry and emerging service industry increased by 72.7 %, accounting for 71.8% of service industry revenue. In addition, there are 8 enterprises in TPFTZ that have been awarded the national specialization and special new “little giants”, and 576 enterprises have been identified as national high-tech small and medium-sized enterprises.

 

Business environment is continuously optimized and party building work continues to strengthen.

All along, the TPFTZ has been adhering to the concept of “business environment is productivity” and has been continuously optimizing its business environment. In particular, the “reporting to entrepreneurs” mechanism established this year has achieved remarkable results and solved 322 problems; 8 theme industrial park councils and 4 building committees have been established to achieve full coverage of park services; Tianjin’s first “business opening + bank account opening”” The 3+1″ integrated service model has greatly improved the efficiency of administrative examination and approval.

Party building is the “root” and “soul” of regional development. In the first half of 2021, the TPFTZ continued to strengthen party building. In accordance with requirements of “Party Building as Lead and Creation Together”, it solidly promotes study and education of party history, and carries out central group study and grassroots preaching in strict accordance with requirements of superiors. Party organizations at all levels have carried out “I do practical things for the masses” for 855 times and solved 1,217 problems. They have completed the general election of the “two committees” of the communities, and the party secretary and the director of the neighborhood committees were integrated into one in 7 communities.

TPFTZ explores layout to inherit the past and contributes to the development of “Twin Cities”.

2021 is the first year of the “14th Five-Year Plan” and a crucial year for the construction of the beautiful “Binhai City”. Based on the new development stage, TPFTZ will implement the new development concept, and build a new development pattern. It will also follow the development concept of “1,2,3,4,5,6” for layout and decision-making. “One” is a goal aimed at building an international, modern, industrial, livable and ecologically dynamic new city; “two” is to implement the two concepts, i.e., the new development concept and the people-centered concept; “three” is to insist on three principles of equal emphasis on sea and air, integration of new reality and industry-city integration; “four” is to build four projects, namely project introduction, business environment, safety bottom line, and party building leadership; “five” is to focus on five major industries, i.e., aviation industry, marine economy, intelligent manufacturing, biological manufacturing, and modern services; “six” is to build six systems of objectives and tasks, division of responsibilities, standards and norms, supervision and inspection, assessment and evaluation, and system rules.

At the same time, the TPFTZ will also make economic operation more healthy and stable, economic stamina more sufficient and fuller, economic atmosphere more harmonious and rising, economic backing stronger and economic protection firmer by means of focusing on dispatching, projects, environment, safety and party building. It will gather the powerful synergy of doing various tasks, make new and greater contributions in construction of the beautiful “Binhai City”, and contribute to Tianjin’s construction of a modern socialist metropolis with TPFTZ strength.