The Ministry of Commerce has publicized the results of its comprehensive review of 219 national economic and technological development zones in terms of technological innovation, regional influence, ecological protection, and administrative effectiveness.

According to the indicators issued by the ministry, the industrial base of the Tianjin Development Zone ranks first in the country, and maintains a leading position in the use of foreign capital, technological innovation, and foreign trade.

"As a senior zone with 34 years development, Tianjin, relying on its effective investment environment and strong industrial base, played a key role in stimulating local economic development and industrial clusters, forming a new high-quality developing picture which can serve as an example for other zones,"said a member of the Tianjin Development Zone Management Committee.

Established in 1984, the Tianjin Development Zone was one of the earliest national economic development zones as well as an essential part of Binhai New Area.

Over the next 34 years, under the guidance of the two-dimensional development concept of combining industry clusters and industrial chain extension, Tianjin equipped itself with a high-quality modern industrial system that succeeds in balancing industry structure and benefits.

In 2017, the proportion of high-tech manufacturing output in the TEDA area increased by 3.3% on a year-on-year basis.

At present, automotive, electronics, petrochemicals, medical and health products and equipment manufacturing are the five star industries in the Tianjin Development Zone, and form a diversified industrial structure together with modern service and emerging industries. The automotive industry is represented by FAW Toyota, FAW-Volkswagen, and Great Wall Motor; the electronics industry by Samsung Group, NXP, and Hongfujin; and the petrochemical industry by Sinopec, Sinopec LNG and Shell. Their industrial output values exceed 100 billion yuan. And the output value of the industries of equipment manufacturing and medical and health care exceeds 50 billion yuan.

The Tianjin Development Zone also ranked first in the report in using overseas capital. To date, Tianjin has drawn investment from 55 countries and areas with 5,613 projects, accumulatively using 56.4 billion dollars (360.5 billion yuan). Ninety-one Fortune 500 multinational companies have invested in 282 projects in the development zone. The total number of registered domestic-funded enterprises is 33,806, with capital of 1.57 trillion yuan. At present, the zone has 657 enterprises with value over 0.1 billion yuan, 148 over one billion yuan, and 2 over 50 billion yuan.