Binhai Investment Environment
Binhai New Area now has entered a new comprehensive development stage, from points to structure, from partial plan to overall implementation. By the end of 2008, Binhai New Area registered total output value of 310.22 billion yuan, increasing 23.1% comparing with last year, total industrial output value of 761.68 billion yuan, an increase of 29.4%, achieved financial revenue of 56.97 billion yuan, an increase of 29.7%, registered fixed asset investment of 142.51 billion yuan ,an increase of 43.7%, the actually utilized foreign capital of 4.66 billion U.S. dollars, an increase of 29.6%, port cargo throughput of 272 million tons and 6.22 million TEUs, and the development and opening-up has achieved new progress.
1."Three major batches of key projects" have come into being. Airbus A320 series aircraft, Vestas Wind Power, 1.5 million tons of cold-rolled thin plate, PetroChina Bohai Sea oil drilling projects with over 100 million yuan investment, have been completed and put into operation. Some key projects construction have been accelerated, such as 1 million tons of ethylene refining integration project, 3 million tons shipbuilding project, ZTE northern base, Binhai service outsourcing industry park. A batch of projects consisting of U.S. Prologis logistics headquarters, COFCO 3 mil tons oil and grains and Japan AEON shopping center have been settled down. There are over 360 projects under construction with investment over 50 million yuan, and the total investment amount being up to 700 billion yuan.
2. The development of the functional areas is in full operation 40 km2 land Reclamation from sea in Port Industrial Zone shall be completed at the end of this year, 35 major projects with investment over 1 billion yuan are under construction, to form the 4 major parks of petrochemical industry, equipment manufacturing, ports and logistics, public utilities. The first phase work of Dongjiang Bonded Port Area has been completed and put into operation as the Pacific International Port with an annual handling capacity of 4 million TEUs. The comprehensive infrastructure construction of Binhai High-tech Industry Park has been started, to bring together a group of high-tech industrialization projects. The construction work of 23 high business premises in Xiangluo Bay CBD started up. The early stage planning and removal work in Yujia Pu Financial Business Area were stepped up. Index system. The general plan and detailed first-phase plan of Sino-Singapore Tianjin Eco-City was completed and have formally begun its construction. The functional development has speeded up in the Airport Industrial Park and TEDA West, in order to create favorable conditions for project access.
3. Speeding up of infrastructure construction. A number of key projects have been completed, such as Binhai International Airport expansion, the Tianjin Port 250,000-ton deep-water lane, the 300,000-ton crude oil terminal. A three-year infrastructure construction plan has been launched, focusing on four system projects of road traffic, water resources, energy and environmental improvement, with expected total investment of 320 billion yuan, with great efforts to build a modern scientific three-dimensional traffic network and perfect public Supporting service system in three years. In 2008, there are 66 newly constructed and extended key infrastructure projects, including Haibin Avenue, Central Avenue, Jishugang Road, Tianjin Airport's second runway project, the annual investment in infrastructure will exceed 45 billion yuan, an increase of 68% than last year.
4. Gradual establishment of independent innovation system. The scientific development layout of "One area and three parks" has been formed, with emphasis on Binhai high-tech area, joint such three high-tech innovation parks as TEDA, Airport Industrial Park and Marine Hi-tech Development Area. Others being constructed are the 12 state-level scientific and technological innovation platforms such as Civil Aviation science and technology industry base and national biomedical international innovation park, 20 provincial and ministerial level R&D and transformation centers such as artificial cell project and electric vehicles, 10 industrial technology R&D centers such as steel pipe and chemical industries, and 56 key high-tech industries projects as well. A 2-billion Venture Capital Investment Guidance Fund of Binhai was set up and a number of internationally well-known venture capital organizations were brought in.
5. Active promotion of the comprehensive reform package. A "three-year reform plan" was prepared to determine ten Binhai New Area key reforms and their concrete implementation are being carried out. In regard to financial reform with emphasis on innovative financial environment, a large number of domestic and overseas financial institutions, foreign-funded banks, financial leasing companies and over 100 equity investment funds were settled in Binhai New Area. In regard to foreign-related economy, Dongjiang Free Trade Port Area has been authorized by 200 administrative applications and examination & approval. Function expansion is being actively promoted and the trial program of offshore financial center is being improved. In regard to land management, Binhai New Area special land reform program has been prepared and approved in principle by the special reform leading group of the Ministry of Land and Resources. The reform in other aspects is carried out actively.
6. Initial success of Eco-city building was achieved. "Welcome the Olympic Games, welcome the Davos Forum and welcome eco-city start-up" was used as an opportunity to carry out a large-scale comprehensive environmental improvement. Total removal work over 1.7 million m2 was completed, 2.7 million m2 of road were rebuilt and widened, new greening coverage area of 8.25 m2 was set up, an increase of 2.46 million m2 of greening area, and 3.5 million shrubs were planted. Indicators of environmental protection and energy consumption are ranked in the forefront of the country, and the number of days that air quality better than second grade air quality exceeds more than 300 days.
