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A pioneer for private equity in Tianjin

By Rong Xiaozheng | China Daily | Updated: 2010-06-11 07:48

TEDA, a core part of Tianjin Binhai New Area (TBNA), is not only a manufacturing powerhouse, but also a financial service hub in Tianjin.

TBNA's financial reform and innovation, can be attributed in large part to the development of private equity (PE) funds in TEDA.

TEDA takes the top place across the country in the number of PE investment enterprises located there.

A pioneer for private equity in Tianjin

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