Tianjin

Tianjin is one of China’s four directly-controlled municipalities and the biggest coastal city in northern China. It is an important contact point for Beijing, since Tianjin Port is only 160 kilometers away. The port is part of the Binhai New Area district of the Tianjin Municipality (a major special economic zone in northern China). Tianjin is bordered by Hebei Province and Beijing. The city is divided into the old area and Binhai new area which has kept Tianjin´s economy growing. 

Information presented on this page are introductory business intelligence on the respective region, and thus it cannot serve as a substitute for official information released by government agencies or similar institutions. For the most up-to-date information, please refer to the information sources or speak to a Dezan Shira & Associates representative. 


General

  • Area: 11,947 km2
  • Population: 14,720,000
  • GDP: USD 234,910 million

Source: Tianjin Statistical Information Net (2014)

Economy

  • Primary industry (percentage of GDP): RMB 17,160 million (1.3 percent)
  • Secondary industry (percentage of GDP): RMB 666,380 million (51.7 percent)
  • Tertiary industry (percentage of GDP): RMB 605,850 million (47.0 percent)
  • Total: RMB 1,289,390 million
  • Total retail sales of consumer goods: RMB 392,142.86 million
  • Total value of imports and exports: USD 115,622.82 million
  • Fixed Investment: RMB 887,131.47 million

Source: China 2013 Statistical Yearbook (uses 2012 statistics)

Business

  • Minimum monthly wage: RMB 1,310
  • Minimum hourly wage: RMB 13.1
  • Avg. annual wage of staff and workers: RMB 46,464
  • Average Monthly Housing Price (Rent): RMB 30.43/m2
  • Average Monthly Housing Price (Purchase): RMB 15,200/ m2

Sources: Local Labor Bureau and Social Insurance Bureau (2014)

Air

Tianjin Binhai International Airport is located in Dongli district which is 13 kilometers away from the city center, 30 kilometers away from Tianjin Port and 134 kilometers from Beijing. It serves both domestic and international flights and is one of China’s major air cargo centers. It is in a convenient location and is easily accessible by rail, sea and road. Binhai International Airport has 2 existing runways which are 3600 and 3200 meters long respectively and the airport has an area of 116,000 square meters. Tianjin Airport is also used by 81 domestic and international airlines.
 

Port

Tianjin has the largest port in northern China.  The port is an important link which connects Northeast Asia to Central and West Asia. It handled 500,000 tonnes of cargo and 13 million TEU in 2013. Furthermore, voyages from 180 countries and territories around the world go through this port.
 

Railway

Since August 2008, passengers have been able to get from Beijing to Tianjin in 30 minutes and vice versa. In addition,the Beijing-Shanghai, Beijing-Pukou, Beijing-Harbin and Beijing-Shenyang railway now passes through Tianjin and the main railway station connects with new metro lines 2 and 3, and with Binhai Mass Transit Line 9.

Road

The 142 kilometer long Beijing-Tianjin-Tanggu Expressway runs between Beijing and Tianjin Port along with a further 6 expresswaysthatrun through the city. The6 highways in the cityinclude highways 102,103, 104, 105, 112 and 205. Tianjin has 3 ring roads:the Inner Ring Road, Middle Ring Road and the Outer Ring Road, the latter ofwhich is closest to the highways and therefore accumulates the most traffic.

Subway/Metro

Tianjin’s metro was first built in 2006 and is 132.4km long. It currently consists of 4 lines with approximately 86 stations. There are further plans for 3 more lines (line 5 in 2015 and lines 7 and 8 in 2016).

 

 

Economic development is increasing rapidly in Tianjin as it belongs to one of the largest economic zones in China, the Bohai Bay Economic Zone. According to statistics released by Tianjin Statistical Information Net, GDP in 2013 increased by 12.5%over the previous yearto 234,91 billion USD (1,440 billion RMB). In addition to the GDP growth, the local general budget revenue rose by 18.1% to 33,44 billion USD (207,83 billion RMB)and the local tax revenue to 21,079 billion USD 130,99 billion RMB (an increase of 18.5%) in 2013. Also in 2013, the primary industry was 3,03 billion USD (18,84 billion RMB), an increase of 3.7%; secondary industry was 117,096 billion USD (727,668 billion RMB), an increase of 12.7% and tertiary industry 111,11 billion USD (690,50 billion RMB), an increase of 12.5%.                                                                              

The output in the aerospace, petrochemical, information technology, equipment manufacturing, information technology, biological medicine, new energy sources and textile industry increased in 2013 by 12.7% to 379,42 billion USD (2,357 billion RMB). Furthermore, Tianjin has many natural resources includingrich reserves of petroleum and natural gas. Many huge enterprises including IBM, Motorola, LG, Samsung and Toyota have already invested in Tianjin and the city is still attractive for companies.

The city has long endeavored to turn its coastal Binhai area into an economic powerhouse similar to Shanghai’s Pudong. Established in 1994, the Tianjin Binhai New Area (TBNA) covers Tanggu, Hangu, and Dagang districts. It also covers the Tianjin Economic and Technological Development Area (TEDA), Tianjin Port Free Trade Zone (TPFTZ) and Tianjin Port. The development plan aims to transform TBNA into a multi-functional area, covering modern services, electronic information, automotives, bio-pharmaceuticals, modern logistics, petrochemicals, and metallurgy. The United Nations Industrial Development Organisation has identified the TBNA as one of the six most economically vibrant areas in China.

Tianjin Economic and Technological Development Area


Economic development is increasing rapidly in Tianjin as it belongs to one of the largest economic zones in China, the Bohai Bay Economic Zone. According to statistics released by Tianjin Statistical Information Net, GDP in 2013 increased by 12.5%over the previous yearto 234,91 billion USD (1,440 billion RMB). In addition to the GDP growth, the local general budget revenue rose by 18.1% to 33,44 billion USD (207,83 billion RMB)and the local tax revenue to 21,079 billion USD 130,99 billion RMB (an increase of 18.5%) in 2013. Also in 2013, the primary industry was 3,03 billion USD (18,84 billion RMB), an increase of 3.7%; secondary industry was 117,096 billion USD (727,668 billion RMB), an increase of 12.7% and tertiary industry 111,11 billion USD (690,50 billion RMB), an increase of 12.5%.                                                                                      

The output in the aerospace, petrochemical, information technology, equipment manufacturing, information technology, biological medicine, new energy sources and textile industry increased in 2013 by 12.7% to 379,42 billion USD (2,357 billion RMB). Furthermore, Tianjin has many natural resources includingrich reserves of petroleum and natural gas. Many huge enterprises including IBM, Motorola, LG, Samsung and Toyota have already invested in Tianjin and the city is still attractive for companies.

Tianjin Free Trade Zone

This is the largest free trade zone in northern China and includes Tianjin Port Free Trade Zone, Tianjin Airport Industrial Park, and Tianjin Airport International Logistics Zone. Over 4,000 enterprises from more than 100 countries and regions, including 40 Fortune 500 companies and 47 large domestic SOEs, are located in the zone.

The zone is the leading FTZ in the country in terms of economic growth rate, the size of foreign investment utilized, and logistics development. Foreign enterprises (FIEs) have contributed greatly to Tianjin’s industry growth. In 2011, the industrial output value of FIEs grew by 21.9 percent to RMB 656 billion while output of enterprises invested by Hong Kong, Macao, and Taiwan grew by 38.1 percent to RMB 204 billion. The total gross industrial output of all FIEs accounted for 41 percent of the zone's total industrial output..

In 2011, the output value of heavy industry increased by 27.2 percent to RMB 1723 billion, accounting for 82.6 percent of total industrial output. Large and medium-sized enterprises accounted for 78 percent of the total output.

Tianjin Port

Tianjin New Port is the biggest in northern China. Tianjin Port handled 476 million tonnes of cargo and 12.3 million TEU of containers in 2012, making it the world's fourth largest port by throughput tonnage, and the tenth by container throughput.The port trades with more than 600 ports in 180 countries and territories around the world. It is served by more than 115 regular container lines run by 60 liner companies, including all of the top 20 liners. Capacity is still increasing at a high rate, with 550–600 Mt of throughput capacity expected by 2015.

Tianjin East Port, the newest expansion of Tianjin port, began construction in 2002 and completed its first phase in late 2007. In 2007, it signed nine agreements of intention with 12 companies, including HSBC, China Merchants' Bank, and Mapletree Logistics. Local and foreign investors predict great potential for the economic growth of the port, as it will enjoy more preferential policies on financing and tax than other free ports.

  • Crystal Palace Hotel Tianjin
    28 You Yi Road, Hexi District, Tianjin
    Tel: (22) 2835 6888
  • Dickson Hotel
    18 Binshui Dao, Hexi District, Tianjin 300074
    Tel: (22) 2836 4888
  • Holiday Inn
    288, Zhongshan Road, Hebei District, Tianjin,
    Tel: (22) 2628 8888
  • New World Astor Hotel
    33 Tiaer Zhuang Road, Tianjin
    Tel: (22) 2331 1688
  • Renaissance Tianjin Hotel
    105 Jianshe Road, Heping District, Tianjin
    Tel: (22) 2302 6888
  • Renaissance Tianjin Teda Hotel
    29 2nd Avenue, Economic and Technology Development Zone, Tianjin
    Tel: (22) 6621 8888
  • Somerset Olympic Tower Tianjin
    No. 126, Chengdu Dao Heping District, Tianjin
    Tel: (22) 2335 5888
  • Super Garden Hotel Tianjin
    No.2 Rongye Road, Heping District, Tianjin
    Tel: (22) 5899 7778
  • Teda Central Hotel Tianjin
    No.16.3rd Avenue,Economic and Technological Development Area, Tianjin
    Tel: (22) 2520 6666
  • Tianbao International Hotel
    368 Jingmen Avenue, Free Trade Zone, Tianjin
    Tel: (10) 6426 7747
  • Tianjin Ceaser Palace Hotel
    4 Qixiangtai Road (S), Tianjin
    Tel: (22) 2337 5995
    Fax: (22) 2337 4922
  • Tianjin Hopeway Business Hotel
    No.79 Jintang Road, Hedong District,Tianjin
    Tel: (22) 5829 9999
  • Tianjin Hyatt Hotel
    219 Jiefang Road (N), Heping District, Tianjin
    Tel: (22) 2330 1234
    Fax: (22) 2331 2205
    Website: http://www.hyatt.com
    Email: information@hyatt-tianjin.com
  • Tianjin Jinwan Hotel
    No.358 Nanjing Road, Tianjin
    Tel: (22) 2750 1188
  • Tianjin Sheraton Hotel
    Zijin Mountain Road, Hexi District, Tianjin
    Tel: (22) 2334 3388

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