Established on December 6th, 1984 upon the approval of the State Council, the Tianjin Economic-Technological Development Area (abbreviated as TEDA and transliterated as Taida) is one of China's earliest national-level development zones. During an inspection tour to TEDA back in August 1986, Mr. Deng Xiaoping, the chief architect of China's reform and opening-up, wrote down this: Development Zones Are of Great Promise.
Three decades later, TEDA now comprises of 10 sub-zones and has grown into the country's best national-level development zone in terms of comprehensive investment environment with the biggest economic aggregate and highest degree of integration with the world.
A Gateway to the Bohai Bay
Located at the intersection of the Circum-Bohai Economic Belt and the Beijing-Tianjin-Hebei megalopolis, TEDA is the gateway to the Bohai Bay, a key player of the Beijing-Tianjin-Hebei industrial axis, and a core zone and demo zone of Tianjin Binhai New Area.
A Hinterland Market of North China
It is effectively linked to the extensive inland markets of Northern China, Northeastern China, and Northwestern China. It sees Japan and South Korea across the sea, positioning itself towards Northeast Asia and the rapidly growing Asia-Pacific economic circle. This area serves as both a display and a gateway to China's economic openness.
Remarkable Strategies
It has remarkable advantages in national strategies such as the Belt and Road Initiative, the coordinated development of the Beijing-Tianjin-Hebei Region, the construction of pilot free trade zone, the construction of national-level demonstration zone for indigenous innovation , and the development and opening-up of Binhai New Area.
Industrial Structure
For years, TEDA extends the industrial chain vertically, expands the industry cluster horizontally, continuously develops the “source industry” stimulates the original driving force, and forms a 4+1 high-quality industry cluster. Up to now, TEDA has formed three 100-billion-yuan industry clusters, namely auto and high-end equipment, next-gen information technology and new chemical materials, and one 50-billion-yuan healthcare industry cluster. It has also formed modern service industry clusters represented by full-license finance and full-format platform economy.