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Tianjin Economic-Technological Develo pment
Area (TEDA) in eastern China has never shied
away from grand ambitions. As one of China sfirst industrial zones, established in late 1984,
it strived to be the best from the outset. And it
has consistently achieved its intention, having
placed first in the country s ranking of National
Industrial Parks for the past 15 years.
Maintaining that pacesetting position as it
enters its fourth decade in existence is TEDA s
current focus as younger peers nip at its
heels. However, i t s rising to the challenge in
typically enterprising fashion.
TEDA is located south east of Beijing on the
coastline of the Bohai Sea, 40 kilometres from
China s major metropolis of Tianjin. Its enviable
geographical position has been a significant
factor in its rise to pre-eminence in the country,
with over 15,000 foreign and domestic
companies now established within the zone.
However, it s TEDA s ability to anticipate, adapt
and react to China s fast-changing economic
context that s given it its edge.
China s stronghold on low-cost manufacturing
is loosening as wages rise and it s currency
appreciates. As the country s competitiveadvantage in manufacturing weakens, demand
for advances in technology and automation
have intensified, driving the economy up the
value chain. It is these opportunit ies that TEDA
has been perfectly positioned to capitalise on,
securing its role as a leading driver of change in
the diversifying Chinese economy.
TEDA s novel 2 2 2 3 4 roadmap set
the zone on the right track from the start:
to strengthen 2 industries (advanced
manufacturing and modern services),
foster 2 economic engines (investment and
technology), serve investors in 2 ways (caring
for existing ones and encouraging new
prospects), create more balance between 3styles of ownership (overseas, state-owned
and private), and accelerate its geographical
expansion in 4 surrounding directions.
Going forward, some key areas of
development have ensured TEDA is poised
to maintain its poll position among China s
industrial zones, while making a vital
contribution to the sustainable restructuring of
the Chinese economy.
Investment in technology has long been a
priority. Five per cent of the zone s revenueshave been reinvested in technology-related
infrastructure, grants, and as backing to
companies searching for bank funding. The
result is a vibrant tech scene, anticipated to be
worth a staggering 250 billion yuan by 2015.
At its forefront is the highly innovative Binhai
Cloud Comput ing Park, situated within TEDA s
boundaries. The park s infrastructure boasts
impressive bandwidth and power supply, and
is home to the Tianhe-1 A Computer - voted
the world s fastest computer at the start of the
decade. Its cloud-computing platform supports
3D animation, oil exploration, pharmaceuticalresearch, financial risk modelling, and much
besides. The likes of IBM, Hewlett Packard,
and Tencent have taken advan tage of the
excellent infrastructure TEDA provides and
have established operat ions there.
Nangang, a 200km2 industrial park within
TEDA s administration tha t incorporates a port
on the strategic Bohai Sea, is focused on the oil
and energy-related indus try that s so critical to
China s sustained economic g rowth. Nangang
has seen rapid expansion since its inception in
2009 and is expected to top 800 billion yuan in
its first five years. Big petrochemical companies
looking to exploit China s burgeoning consumer
market, and attracted by Nangang s highenvironmental standards, are setting up there,
including Shell (who have built a state -of-the
art lubricant plant), Dow Chemical, Rosneft,
SABIC, and Air Liquide, along with many other
large domesti c entities.
The Chinese name for TEDA is comprised
of two words: peace and prosperity. TEDA
had the foresight to know that prosperous
companies require more than good business
infrastructure - they have social needs, too.
Attracting and retaining the best and most
innovative employees is critical for companieskeen to exploit the opportunities provided
by the upscaling of the Chinese economy.
o this end, TEDA has been conscious to
differentiate itself fr om other industrial park s
through the creation of alluring living spaces
and world-class facilities. And the approach is
proving successful, with growing numbers of
talented Chinese and expatriate professionals
taking up residence in the zone; attracted by
the international schools, healthcare options,
entertainment facilities, residential properties
and peaceful green spaces.
Now home to over 200 of the Fortune 500
companies, and with satellite offices in the
US, Japan, Europe, Beijing, Shanghai, Hong
Kong and Taiwan, TEDA is making a pivotal
contribution to China s sustainable economic
future. W atch to see where the footprints of
this forward-thinking and amb itious industrial
zone head next.
ES\: T « ~ ~ Dcl c1of>mcnt Ar
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HCMHuman Capital
Recruiting
Talent
CRMSales
Service
Marketing
ERPFinancials
Procurement
ProjectsSupply Chain