Tianjin FTZ draws investors

Customers flock to the Tianjin European Trade Center, which sell genuine European goods. [Photo provided to China Daily]

"I'm looking for partnerships in legal services, angel funds and listing advisory. I hope I can integrate all the resources in Tianjin and establish our headquarters here to serve the startup companies better," said Bai.

"I won't move my company to any other place in the future," Bai said, adding that his company enjoys a good location and can easily access to the Tianjin Binhai International Airport and expressways and high-speed railways.

The Tianjin Innovation and Entrepreneurship Center in the Tianjin Airport Industrial Park is a major destination for such startups. By the end of January, more than 700 enterprises had settled there, with 40 percent of them from Beijing.

HY (Tianjin) Technology Co Ltd, located in the airport park, is started by graduates from the Chinese Academy of Sciences.