The gross value of Tianjin’s industrial enterprises above designated size reached $673 billion in the first half of 2014, a 9.1 percent increase, ranking first in the Tianjin development zone. The major economic indicator of the development zone also passed the total output value of 2009.

Manufacturing industries are speeding up the transformation and upgrading process, and 280 enterprises and 560 projects passed their transformation and upgrading plans. Modern service industry and the auto industry have both made changes according to the plan.

The development zone will expand to attract investments at the same time. About 150 projects boosted capital and the average of capital increase is over $3.7 million. The quality and quantity of investment have increased greatly in the first half of the year. The zone brought in 269 new technology enterprises and 551 new small technology businesses, ranking first in Tianjin.