Binhai New Area

Binhai New Area
滨海新区
—  Sub-Provincial District  —
TEDA within Binhai
Country  People's Republic of China
Municipality Tianjin
District Gov. Established 2009
Government
 • CPC Binhai District Secretary He Lifeng (何立峰)
 • District Governor Zong Guoying (宗国英)
Area
 • Total 2,270 km2 (876.5 sq mi)
Population (2008)
 • Total 1,000,000
 • Density 440.5/km2 (1,141/sq mi)
Time zone China Standard Time (UTC+8)
Area Code 022
Postal Code 300000-301900
Website http://www.bh.gov.cn

Binhai New Area (simplified Chinese: 滨海新区; traditional Chinese: 濱海新區),short for Binhai (simplified Chinese: 滨海; traditional Chinese: 濱海) is a major economic development zone within the jurisdiction of Tianjin municipality in China. Binhai New Area locates on the east coast of Tianjin and center of Circum-Bohai-Sea Region.Binhai New Area is a new growth pole in china, and maintain an annual growth rate of nearly 30% of the GDP.As of the end of 2010, 285 Fortune Global 500 companies invest and establish branch offices here. Binhai is the base of China's advanced industrial and Financial reform and innovation. Transnational corporations here can enjoy the lowest tax rate of China and highest rate of economic growth.It the reason why Rockefeller, TISHMAN SPEYER, Motorola, Airbus and other famous companies build a branch here. For instance, EADS Airbus has already opened an assembly plant for its A320 series airliners, operational since 2009.It is to emulate operations seen in Shenzhen and Pudong, Shanghai.[1] It is a Special Economic Zone (SEZ) in the PRC, and experimental reforms are taking place throughout the zone.[2]

Starting from November 2009, Binhai New Area was consolidated into a district, and the former subordinate districts of Tanggu, Hangu and Dagang were abolished.[3] Nowadays Binhai New Area consists of nine functional zones namely Advanced Manufacturing Zone, Airport-based Industrial Zone, Binhai High-tech Industrial Development Zone, Seaport based Industrial Zone, Nangang Industrial Zone, Seaport Logistics Zone, Coastal Leisure & Tourism Zone, Sino-Singapore Tianjin Eco-City and Central Business District. In addition, Tianjin Port whose throughput ranks 5th in the world also locates in here.

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Geography

Location

The Tianjin Binhai New Area is located in the eastern part of the Bohai Sea region. The Binhai New Area has an area of 3,000 square kilometers, a coastline of 153 kilometers, and contains 700 square kilometers water and wetlands.[4]

Natural resources

The Binhai New Area has 700 square kilometers of water and wetlands and 1,200 square kilometers wasteland is under development Saline land. The Binhai New Area has total proven oil resources of more than 100 million tons and 193.7 billion cubic meters of natural gas.[5]

References

External links