| Vol. 51,Monthly Issue, Apri., 2006 |
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| INVEST TEDA(monthly) is an e-magazine sponsored by the TEDA Administrative Commission in association with the Tianjin representative office of Deloitte Touche Tohmatsu Accounting Firm (Consultant on Commercial Affairs to the TEDA Administrative Commission). As a bridge connecting the project market with the capital market, the magazine is to provide investors and potential investors with consulting services in terms of TEDA¡¯s latest development, current investment situations, and prospects of development while keeping an eye on the relevant domestic information within China. | |
| Entrepreneur: |
Administrative Commission of Tianjin Economic Technological Development Area (TEDA) |
| Assisted by: |
Deloitte Touche Tohmatsu CPA Ltd, Tianjin Branch | |
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| Alfa Aesar China (Tianjin) Co., Ltd. Starts Business in TEDA |
Alfa Aesar Johnson Matthey plc announced in the middle of March the official business commencement of Alfa Aesar China (Tianjin) Co., Ltd. which it established in TEDA. The new company focuses on the storage and sales of research chemicals, staple products, and special chemicals listed in the company´s product catalog as well as quality control and split charging services. Moreover, it has plan to further expand its production and establish laboratories. Alfa Aesar China (Tianjin) Co., Ltd. is an exclusively foreign-owned enterprise. It will introduce into the market a new product catalog which covers all of the products and jointly operated items of Alfa Aesar, Lancaster Synthesis, and Avocado Organics under Alfa Aesar Johnson Matthey plc including over 2,700 varieties of products.
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| Tianjin Huibin Law Office Established in TEDA |
Tianjin Huibin Law Office was established on the New Coastal Financial Street of TEDA on March 22 under approval of the Bureau of Justice of Tianjin Municipality.
Tianjin Huibin Law Office is the fourth partnership law office established in TEDA after Liren Law Office, Gaodi Law Office, and Jinghai Law Office. Having worked in this field for many years in such locations as Beijing and Hei Longjiang, the three partners of the law office have solid basic skills in law theories and good sense of legal service and as well as rich experience of legal practice in terms of criminal law, business contracts, maritime affairs and business, and real estate.
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| Tianjin Feng¡¯ai Automotive Seat Parts Co., Ltd. Holding Its Foundation Stone Laying Ceremony |

Tianjin Feng´ai Automotive Seat Parts Co., Ltd. held its foundation stone laying ceremony in TEDA a few days ago.
As is known, Tianjin Feng´ai Automotive Seat Parts Co., Ltd. is an exclusively foreign-owned enterprise co-established by two powerful Japanese automotive interior and exterior trim and seat part manufacturers, Toyota Boshoku Corporation and Aisin Seiki Co., Ltd. with a total investment of 47.5 million dollars and a registered capital of 16.5 million dollars. With a total area of 51,000 square meters, the new factory is expected to go into operation in May of 2007. In the beginning of operation the company will be capable of an annual output of 240,000 automobile seat frames and functional parts, and it will go up to 500,000 in the future. |
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| The Inauguration Ceremony of the Extended Tianjin Factory of Novo Nordisk (China) Biotechnology Co., Ltd. Held in TEDA |

The inauguration ceremony of the extended Tianjin Factory of Novo Nordisk (China) Biotechnology Co., Ltd. was held in TEDA a few days ago.
Headquartered in Copenhagen, capital of Denmark, Novo Nordisk now has branches in 79 countries and factories in 6 countries with a staff of over 22,000 and sales in 180 countries. As the key Asia-Pacific manufacturing base of Novo Nordisk, its new factory in Tianjin was established in 2002 with an area of 40,000 square meters and a staff of over 100 at present. This important extension of the factory is a step indicating that the Tianjin factory is turning itself into an internationalized strategic manufacturing base. After extension, the Tianjin factory will introduce brand new production facilities to expand its current production capacity. It will focus on the domestic market while paying attention to the overseas market, constantly satisfying the increasing demand for Novo Nordisk´s insular products in Asia and other regions.
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| Opening Ceremony of Tokai Carbon (Tianjin) Co., 0Ltd. Held in TEDA Chemical Industrial Park |
 The opening ceremony of Tokai Carbon (Tianjin) Co., Ltd. was held a few days ago in TEDA Chemical Industrial Park. As is known, with a total investment of 57 million dollars and an annual production capacity of 40,000 tons of carbon black, Tokai Carbon (Tianjin) Co., Ltd. was jointly established on April 8, 2004 by Tokai Carbon Co., Ltd. of Japan, Sumitomo Corporation of Japan, and Sumitomo Corporation (China) Holding Ltd. The New factory is competing with Tokai¡¯s Japan factory in meeting the environment protection standard with safe and stable production technologies adopted and dust prevention and air and water quality online monitoring systems introduced.
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| TEDA Had an Average Investment of 10 Million Dollars per Day in the Past Three Years |
The newly established Master Kang (Tianjin) Beverage Co., Ltd. under approval has become the 4,108th overseas-funded enterprises approved since TEDA´s foundation. Meanwhile, the total investment of all overseas-funded enterprises in TEDA has exceeded 30 billion dollars. From April of 2003 to today, the total investment of all overseas-funded enterprises in TEDA has gone from 20 billion dollars up to more than 30 billion dollars, meaning TEDA had an average investment of 10 million dollars per day in the past three years to have created a new miracle of speed.
The overall indicator of TEDA´s investment environment has stayed on top for eight successive years in the assessment that the Ministry of Commerce of China performs on the investment environment of China´s state-level development zones. In 2005, TEDA´s industrial enterprises with an annual sales revenue of over five million yuan enjoyed a sales profit rate of 7.4%. Enterprises of the electronics industry, in particular, enjoyed a sales profit rate of 8.4%, which remained the first in China. In the main composition of regional production, the enterprise business surplus accounted for 34%, which was much higher than China¡¯s average level of 24%. The constantly improved investment environment and the expectable high return rate have not only attracted investment from a great number of enterprises, but also promoted capital increase of those enterprises that are already in operation here with assurance to have pushed the upgrading of TEDA´s product structure and industrial structure. In 2005, TEDA had a new total investment of 4.26 billion dollars, 40% of which was a total capital increase of 1.71 billion dollars of 244 enterprises.
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| TEDA West Zone Has Attracted Overseas Investment of Over Two Billion Dollars |
Through development and construction of two and a half years and thanks to TEDA´s brand advantage, the West Zone has rapidly become the investment focus of domestic and overseas companies. By now the West Zone has approved 39 projects with a total investment of over two billion dollars and has another 20 projects or more under negotiation. Out of the 39 projects, six have gone into official operation, and over 20 are under construction or about to be constructed.
Projects of the West Zone have the following notable features. First, a strong industrial clustering effect. The West Zone is focusing on such industries with high technical content, good prospects, and less environmental pollution as bio-pharmaceutical, auto parts, electronic and communications, mechanical manufacturing, and new energy industries. Second, large scale and high quality. The average investment of the projects has exceeded 26 million dollars. There are 12 projects with an investment of over 30 million dollars and one with an investment of over one billion dollars. Seen from the industrial status, such seven projects are taking the lead as Vestas, Kennametal, Kumho Tire, Tianjin Pharmaceuticals, AW Automatic Transmission, KMC Transmission, and Fushida Electric Bicycle. These projects will bring along with them a great number of supporting projects to the West Zone and help form industrial clusters rapidly. Third, high technical content. Many of these projects possess the world´s leading technologies. The R&D center of Kumho Tire, for example, has invested 36 million dollars in constructing an overseas R&D base. Fourth, the great promotional influence over the neighboring regions. The West Zone is a destination of those eastward transfer projects and is promoting the industrial development of the neighboring regions. The arrival of Fushida Electric Bicycle at the West Zone is an indication that individually-run enterprises are seeking all-around self-improvement through eastward transfer into the West Zone. This is an example of the successful cooperation between TEDA and Dongli District for mutual development.
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| The 2006 Beijing-Tianjin-Tanggu New Science & Technology Artery Forum Inaugurated in TEDA |

The 2006 Beijing-Tianjin-Tanggu New Science & Technology Artery Forum was inaugurated in TEDA on March 24. Topic for this forum was to ¡°Bring into full play the functional advantages of the New Coastal District and Make Full Effort to Construct the Beijing-Tianjin-Tanggu new science & technology artery¡± and the purpose was to seize the historic opportunity in which the New Coastal District has been included in the development strategy of China¡¯s Eleventh Five-Year Plan, explore the regional cooperative mechanism, accelerate the pace of cooperation, promote an all-around cooperation among all involved regions in terms of science and technology, industries, markets, resources, etc., to achieve cooperation, development, and mutual benefit.
Regions along the Beijing-Tianjin-Tanggu Expressway constitute an important link for the cooperation and development of Beijing, Tianjin, and Hebei as well as the Circum-Bohai Region. Thus they are called the Beijing-Tianjin-Tanggu new science & technology artery. It extends from Haidian Park of Zhong Guancun Scientific and Technological Park of Beijing Municipality in the west to TEDA in the east, and it has Zhong Guancun Scientific and Technological Park, Haidian District, Chaoyang District, Tongzhou District of Beijing Municipality, Beijing Economic-Technological Development Area, Langfang Municipality, TEDA, Tianjin Port Free Trade Zone, and Tianjin Port along the way. The Beijing-Tianjin-Tanggu New Science & Technology Artery Forum started in 2003 on the initiative of TEDA Administrative Commission and government of Haidian District of Beijing Municipality on the purpose of promoting regional cooperation, coordinated economic and social development with science and technology as the link and the regions along Beijing-Tianjin-Tanggu Expressway as the carrier. This forum has been held twice and has achieved good results.
Nine organizations including governments of Chaoyang District, Haidian District, Huairou District, and Tongzhou District of Beijing Municipality, Administrative Commission of Beijing Economic-Technological Development Area, Langfang Municipal Government of Hebei Province, Administrative Committee of Tianjin Port Free Trade Zone, Tianjin Port (Group) Co., Ltd., and TEDA Administrative Commission signed the TEDA Declaration of Beijing-Tianjin-Tanggu New Science & Technology Artery Forum.
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| Investment Promotion Bureau of TEDA |
Tel:(86 22)2520 2597 |
Fax:(86 22)2520 1836 |
| WAdd: No. 19, Hong Da Street, TEDA, Tianjin |
Postcode:300457 |
Website:http://en.investteda.org/ |
Deloitte Touche Tohmatsu CPA Ltd. Tianjin Branch |
Tel:(86 22)2320 6688 |
Fax:(86 22)2320 6699 |
| PostCode: 300051 |
WebSite:www.deloitte.com.cn |
| E-mail:jassua@deloitte.hk.com |
| Add: 30/F The Exchange North Tower 189 Nanjing Road Heping DistrictTianjin 300051,PRC |
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