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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 ...
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 Sh ...
,
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 popula ...
, China. It was formed in late 1984.


History

The area was created in late 1984. Since 1997, the Ministry of Commerce (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 Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isl ...
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 Econom ...
, used by Tianjin's football team, Tianjin Teda FC. 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 Sh ...
of
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 popul ...
, 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 Port of Tianjin (''Tianjin Gang'', ), formerly known as the Port of Tanggu, is the largest port in Northern China and the main maritime gateway to Beijing. The name "Tianjin Xingang" (), which strictly speaking refers only to the main seaport ...
. The
Binhai Mass Transit The Tianjin Metro or Tianjin Rail Transit is the rapid transit system in the city of Tianjin, which was the second city in mainland China after Beijing to operate a subway system (the Beijing Subway opened in 1971). Opened in 1984, the syste ...
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 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 Advanced Placement (AP) is a program in the United States and Canada created by the College Board which offers college-level curricula and examinations to high school students. American colleges and universities may grant placement and cours ...
(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 ''Acer'' () is a genus of trees and shrubs commonly known as maples. The genus is placed in the family Sapindaceae.Stevens, P. F. (2001 onwards). Angiosperm Phylogeny Website. Version 9, June 2008 nd more or less continuously updated since http ...
, 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 Master Kong () is the largest instant noodle producer in China. Established in 1991, Master Kong is a branded company headquartered in Shanghai and Tianjin. It specializes in the production and distribution of instant noodles, beverages, cake ...
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"


See also

*
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 Sh ...
*
Yujiapu Financial District Yujiapu Financial District (; also Yujiabao) is a central business district currently under construction in the Binhai New Area of Tianjin. The area is envisioned as a potential center for world trade and finance. The district is being developed ...
*
Transport in Tianjin Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, a ...
*
TEDA Holding Teda or TEDA may refer to: *Teda people, Toubou ethnic group that lives mostly in Chad *Teda language, or Tedaga language, spoken by Teda people *Tianjin Economic-Technological Development Area, abbreviated as TEDA, free market zone in Tianjin, Chi ...
** Tianjin Teda F.C. ** Tianjin TEDA Co.


References


External links


An Overview about Tianjin Economic-Technological Development Area
fro

(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