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TEDA Remaining the Best State-level Development Zone for 12 Years in a Row
 
2009-12-08
 

It is learnt from TEDA Administrative Commission on Nov. 26 that according to the latest appraisal conducted by the Ministry of Commerce among 54 state-level development zones in China, TEDA maintained its first position with a total score of 722.92 and won its 12th championship since the start of the appraisal in 1999. TEDA has become a state-level development zone with the largest economic scale, the highest level of openness, and the most optimized comprehensive investment environment.

It is learnt that in the appraisal of comprehensive investment environment among state-level economic and technological development zones, the index system consists of eight indicators, including overall economic strength, infrastructure supportive capacity, operational cost, HR and supply , society and environment, technical innovation environment, administrative system building, development and efficiency. In the appraisal, TEDA and another development area have each of their seven indicators in top ten, the most among their peers. And TEDA ranked first in such four indicators as overall economic strength, administrative system building, HR and supply, and technical innovation environment.

TEDA is propelling construction for her carriers of economic development in an all-round way. Its East Zone enhanced its functions with the smooth progress in such projects as Modern Service District, Service Outsourcing Industrial Park, TEDA Promenades, etc. Its West Zone accelerated construction with full-scale infrastructure development. According to Tianjin's strategy of "Twin City Centers and Twin Ports", at the end of Feb. 2009, TEDA officially took on the task of constructing the Nangang Industrial Zone, starting a new entrepreneuring course in its history. So far construction has started in four projects, agreements signed in four projects, and another 13 projects under negotiation. Their total investment will exceed 155.2 billion yuan, and total output value is expected to reach 239 billion yuan after the completion of the projects.