Modern buildings in Tianjin Economic Technological Development Area Tianjin China

Tianjin Economic-Technological Development Area (), commonly abbreviated as TEDA () is the main

free market In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any ot ...

zone in

Binhai Binhai, officially known as Binhai New Area (), is a sub-provincial district and state-level new area within the jurisdiction of Tianjin Municipality in the People's Republic of China. Binhai is intended to replicate development seen in ...

Tianjin Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popu ...

, China. It was formed in late 1984.

History

The area was created in late 1984. Since 1997, the

Ministry of Commerce A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce. Notable examples are: List *Algeria: Ministry of Industry and ...

(MOFCOM, the former Ministry of Economy and Foreign Trade) started a comprehensive appraisal on investment environment of all national-level development zones which covers eight major indicators like overall economic strength, infrastructure, operation cost, human resources and supply, society and environment, facilitation for technology innovation, management system building, and development and efficiency. For 12 years in a row, TEDA topped the list. It is a leading investment spot and the Asia-Pacific at large. TEDA, pronounced nearly the same in

Mandarin Chinese Mandarin (; ) is a group of Chinese (Sinitic) dialects that are natively spoken across most of northern and southwestern China. The group includes the Beijing dialect, the basis of the phonology of Standard Chinese, the official language ...

, is a vast area by the seaside. It contains a port, business buildings, urban residential areas, and an extensive transportation network. TEDA also contains the

TEDA Football Stadium TEDA Football Stadium (Simplified Chinese: 泰达足球场) is a football stadium in Tianjin, China. It is the home of Tianjin Jinmen Tiger F.C. The stadium holds 37,450 people and was built in 2004. The stadium is located in the Tianjin Economic- ...

, used by Tianjin's football team,

Tianjin Teda FC Tianjin Jinmen Tiger Football Club is a professional Chinese football club that currently participates in the Chinese Super League under licence from the Chinese Football Association (CFA). The team is based in Tianjin, and their home stadium is t ...

. The stadium was finished in 2004. The area's largest bridge is the Haihe toll bridge.

Location

Located in the

Binhai New Area Binhai, officially known as Binhai New Area (), is a sub-provincial district and state-level new area within the jurisdiction of Tianjin Municipality in the People's Republic of China. Binhai is intended to replicate development seen in ...

Tianjin Municipality Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popula ...

, TEDA is around 40 minutes from downtown Tianjin, 30 minutes from the

Tianjin Binhai International Airport Tianjin Binhai International Airport , originally Tianjin Zhangguizhuang Airport is an airport located in Dongli District, Tianjin. It is one of the major air cargo centers in the People's Republic of China. It is the hub airport for Tianjin ...

and 5 minutes away from the Tianjin Port. The Binhai Mass Transit rapid transit system was introduced in 2004 to reduce travel time between Tianjin downtown and TEDA. There is an increasing expatriate population in TEDA, supported by the

International School of Tianjin The International School of Tianjin (IST, ) is an international school in Jinnan District, Tianjin.Contact Us
" Int ...

which is accredited by both WASC and CIS. The school Teda International School was established in 1995. Teda International School offers a curriculum based on United States standards. The school is authorized by the College Board to offer the Advanced Placement (AP) program, and examinations, and is an authorized SAT and TOEFL testing center. TEDA is also home to the Tianjin TEDA Maple Leaf International School (TTMLIS), formerly called Harbor View School. TTMLIS is a member of Maple Leaf Education Systems, whose flagship school is located in the

Dalian Development Area Dalian Development Area (DDA; KaiFaQu ) is located in Jinzhou District, Dalian, Liaoning province, China as the first Economic and Technological Development Zones nationwide in 1984. History Kaifaqu was established in September, 1984 under the fo ...

of the city of Dalian, Liaoning.

Economy

Tingyi (Cayman Islands) Holding Corporation has its corporate headquarters in the TEDA.联系我们
" Master Kong. Retrieved on April 11, 2014. "总部地址:中国天津经济技术开发区第三大街15号"

References

External links

An Overview about Tianjin Economic-Technological Development Area
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(October 2004)
Official site
{{Coord, 39, 02, 12, N, 117, 42, 02, E, type:city, display=title 1984 establishments in China Economic-Technological Development Area Economic-Technological Development Area Special Economic Zones of China

History

Location

Economy

See also

References

External links