Tianjin Free-Trade Zone
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Tianjin Free-Trade Zone (Tianjin FTZ, colloquially known as 天津自由贸易区/天津自贸区 in Chinese), officially China (Tianjin) Pilot Free-Trade Zone () is a
free-trade zone A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to cus ...
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 is the only free-trade zone in North China. The zone covers three areas — Tianjin Airport Economic Area, Dongjiang Free Trade Port Zone and
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 ...
Central Business District. Under the ''Overall program of China (Tianjin) Pilot Free-Trade Zone'' (中国(天津)自由贸易试验区总体方案), the mission of Tianjin FTZ's foundation is an important initiative to implementation of coordinated development of Beijing, Tianjin and Hebei (京津冀协同发展战略).


History

In 2006, CPC Tianjin Municipal Research Room (中共天津市委研究室) said the Dongjiang Free Trade Port Zone will be the highly open and free trade demonstration harbor. The goal of medium-term development is built the first free-trade zone which is meeting international practice in 2015, and the goal of long-term development is built the comprehensive free-trade zone in 2020. In December 2007, Dongjiang Free Trade Port Zone determined the clear direction for the development of free-trade zone. In 2013, Commerce Ministry of PRC reported the embodiments of the Shanghai and Tianjin FTZ, but the embodiment of Tianjin was not passed. In July, the drafting group of the embodiment of Tianjin FTZ was founded. On August 7, 2014, Tianjin and Beijing signed the ''Implement the joint development of Beijing, Tianjin and Hebei major national strategy to promote the implementation of key work agreement'' (贯彻落实京津冀协同发展重大国家战略推进实施重点工作协议), the agreement mentioned Beijing supported Tianjin to build the free-trade zone. On December 28, 2014, the executive meeting of State Council of PRC passed the resolution for Tianjin FTZ. On March 24, 2015, the ''Overall program of China (Tianjin) Pilot Free-Trade Zone'' (中国(天津)自由贸易试验区总体方案) was passed by
Politburo of the Communist Party of China The Politburo of the Chinese Communist Party, formally known as the Political Bureau of the Communist Party of China Central Committee and known as the Central Bureau before 1927, is the decision-making body of the Chinese Communist Party (CCP). ...
. On April 8, 2015, the Overall program of Tianjin FTZ was approved by the State Council of PRC. On April 21, 2015, Tianjin FTZ was founded. Also, twenty-six financial institutions (include headquarters and branches) were founded in Tianjin FTZ.


Layout

Tianjin Free-Trade Zone covers an area of 119.9 square kilometres (46 square miles) and included three areas — Tianjin Airport Economic Area, Dongjiang Free Trade Port Zone and
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 ...
Central Business District. * Tianjin Airport Economic Area: The area focuses the development on the aerospace industry, equipment manufacturing, new generation of information technology and other high manufacturing and R & D, aviation logistics and other producer services. It covers the land of 43.1 square kilometres. * Dongjiang Free Trade Port Zone: The area focuses the development on the shipping and logistics, international trade and finance lease. It covers the land of 30 square kilometres. *
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 ...
Central Business District: The area focuses the development on the financial innovation. It covers the land of 46.8 square kilometres.


References


External links

* {{coord missing, Tianjin Special Economic Zones of China Economy of Tianjin 2015 establishments in China