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Why Binhai ¡¡¡¡
Obvious geographic advantages. Binhai New Area has a vast hinterland, embracing 12 provinces, autonomous regions and cities in Northwest China, North China and Northeast China, and is the nearest eastern starting point of Asia-Europe continent bridge. In 2007, Tianjin Port handled 310 million tons of cargo, ranking 6th in the world's ports, and 7 million TEUs, ranking 17th in the world's ports. On August 1st this year, the Beijing-Tianjin Express Train started operation and extended to Binhai New Area, it takes only 30 minutes from Beijing to Tianjin and only 50 minutes from Beijing to Binhai New Area, and the effect of the urban circle of Beijing-Tianjin emerging further. Strong industrial foundations. Binhai New Area have formed seven major dominant industries: Electronic & IT, Automobile and Equipment manufacturing, Oil and Marine Cchemical Industry, Modern Metallurgy, GreenFood, Bio-pharmaceuticals, New Materials and New Energy, etc.. The emerging dominant industries of Aerospace, Financial Services, Modern Logistics, Service Outsourcing are rapidly increased. In 2007, Binhai New Area registered Industrial Output value of 628.3 billion yuan, with share of high-tech industrial output value reaching 47%.
A high degree of opening-up. Binhai New Area consists of economic-technological development area with best comprehensive investment environment in China, Free Trade zone and the multi-functional zones such as the domestic largest Dongjiang Bonded Port Area as well as high-tech zone, free trade logistics park, export processing zone and integrated free trade zone. The total actually utilized foreign capital reached to 26.8 billon U.S. dollars, and more than 15,000 foreign-funded enterprises were registered in, including Airbus, Motorola, Samsung, Toyota and other 85 Fotrune 500 enterprises. Binhai New Area has estabilshed a United Investment Service Center, with a service hot line of 96667, providing domestic and foreign investors with 24 hours advice and services. Intensive Science and Technolgy resources. Beijing-Tianjin-Hebei region where Binhai New Area is located, accounts for about 27% of the country's science and technology talents and has trained a large number of high-skilled workers. There are 50 state-level, provincial and ministerial-level engineering centers, 83 corporate Technology R&D Centers, 41 foreign-invested R&D centers, 52 post-doctoral workstations and 32 Science and Technology incubators and services institutions. Highlighted policy advantages. As the national comprehensive reform pilot area approved by the central government, Binhai New Area is authorized to try and execute the major reform and opening-up measures in advance, in this regard, the National Development and Reform Commission, Ministry of Finance, State Administration of Taxation, the General Administration of Customs, and State Administration of Foreign Exchange worked out special supporting policies respectively, in order to create good conditions to speed up the development and opening-up of the Binhai New Area. A few days ago, based on the many years of successful experiences, the Binhai New Area introduced the Guidelines on Supporting Enterprise Development, forming s set of complete policy system in eight aspects of financial support, tax incentives, financing facilitation. Rich natural resources. Binhai New Area has 1214 km2 of saline-alkali land to be developed and utilized. In the Bohai Sea, there are total 10 billion tons of proven oil resources, 193.7 billion m3 of natural gas reserves, 20 million m3 of geothermy which can be exploited a year and annual crude salt output of more than 2.4 million tons. |
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