A new step to opening-up
In 2006, the gross import and export value of Tianjin Port reached USD101.885 billion, increasing by 24.4%. The customs revenue was 56.235 billion yuan, increasing by 22.1%. Tianjin was at the fourth and second place in China in terms of the above two aspects. Binhai New Area played an important role in pushing development in surrounding areas.
Under the situation that the world economy growth slowed down and RMB increased in value, the foreign trade of the Area was very active. The export value was USD22.62 billion, increasing by 22.5%. The export product structure was continuously optimised. The proportion of exported products with high and new technologies and high attached values went up, and products with high attached values played a dominant role, such as mobile phones, integrated circuits, displays, basic stations, lithium ion battery, chip-style electronic accessories, semi-conductor components, and enzyme preparations. In 2006, the export amount of radio communication equipment was USD8.74 billion, increasing by 21.8%, integrated circuits and micro-electronic components USD1.53 billion, increasing by 77.7%, and TV sets, receivers, and radio equipment USD1.75 billion, increasing by 23%.
Tianjin International Trade and Shipping Service Centre successfully operated, and One-Station custom clearance service flow was further improved. The Bonded Logistic Park, Airport Bonded Logistic Centre, Container Logistic Centre, Bulk Cargo Logistic Centre, and other logistic bases were further improved. Cargo flow became easier and quicker.
Financial innovation brought new breakthroughs. The Citibank, Sumitomo Mitsui Banking, and other foreign banks were introduced into the Area. Some enterprise financial companies were approved and incorporated, including Motorola and Tianjin Port. Bohai Industrial Investment Fund, the first industrial investment fund in China, was founded, and the raised fund for the first phase was 6.08 billion yuan. The pioneering venture investment guide fund of Binhai New Area was under preparation.
The tourism developed rapidly. The recognition and reputation of the Area was increasingly promoted with the rapid development of the Area. When travel facilities were added and improved, more and more travellers came to the Area. The comprehensive earning of tourism in 2006 was 2.34 billion yuan, increasing by 21%. The total retail sum of social consumables was 21.383 billion yuan, increasing by 16.5% than that of last year.Foreign investment use was still healthy. Under furious competition, companies in the Area actively changed investment encouragement way, exerted service advantages, and continuously attracted foreign investment when foreign investment attraction in the country went down. The number of foreign-funded projects was 500. The contracted foreign fund was USD6.18 billion, increasing 24% and accounting for 76.2% in the total sum in Tianjin. The actually used foreign fund was USD3.345 billion, increasing by 31.1% and accounting for 81% in the total in Tianjin. The quality of foreign investment use was remarkably lifted up, and the contracted foreign investment scale per project expanded, reaching USD12, 360,000, increasing by 55%. The number of large-scale projects with over USD5 million accounted for almost a half in the total number. The domestic investment used in 2006 was eight billion yuan.
Growing fixed asset investment and smooth infrastructure construction
The fixed asset investment finished in the Area in 2006 was 86.429 billion yuan, increasing by 24.7%. Investment in key industrial construction projects was well completed, including one million tons of ethene of Sinopec Tianjin, FAW-Toyota new Corolla, FAW-Toyota made-in China engine, and Kumho Tire.
Infrastructure construction made a record. Sixty-four projects started construction and 35 projects were completed. Firstly, the traffic network in the Area was improved. Many railways and roads were built up. Secondly, construction of seaports and airports were accelerated. Thirdly, regional development was also speeded up.
Technological innovation capability continuously promoted
Binhai New Area laid an emphasis on optimising scientific and technological innovation environment, and established and improved technical innovation system, scientific and technological service system, and knowledge innovation system. The Area cooperated with many academic departments, introduced more than 20 scientific research institutions, and established several postdoctoral workstations.
Ecological environment protection enhanced
In order to enhance environmental protection, the Binhai New Area Division of Tianjin Municipal Environmental Protection Bureau was set up. This is a milestone in terms of environmental protection administration. On December 27, 2006, the completion ceremony of Moving Northern Coal to the South Project was held by Tianjin Port, and this was significant to improving surrounding environment and investment situation.
Social development breakthroughs
While keeping rapid economic growth, Binhai New Area made many achievements in relation to social development. Some hospitals were rebuilt or expanded, and a number of cultural and sports sites were established. Employment promotion system and social security system were also further improved.
Integrative reform boosted up The guideline of integrative reform in Binhai New Area became clear, and the Master Plan of Integrative Reform Pilot Project in Binhai New Area in Tianjin was generally determined. The plan related to every aspect of systematic reform. The integrative reform was carried out on a stable basis. The foreign exchange policy pilot reform was started, the regional land planning system was established, land management rules were made and improved, and internal organizational structure of the management committee of the Area was regulated.
The state issued many policies to provide support for developing and opening Binhai New Area. Administrative departments under the State Council actively carried through No. 20 Paper issued by the State Council and issued many supportive policies. Firstly, the State Council agreed setting up Tianjin Dongjiang Bonded Port Area in the northeast of Tianjin Port. Secondly, the State Administration of Foreign Exchange positively supported financial innovation of the Area. Thirdly, the General Administration of Quality Supervision, Inspection and Quarantine issued relative policies to support the Area. Fourthly, the Ministry of Finance and the State Administration of Taxation continued provide preferential policies for the Area.
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