Tianjin Binhai High-tech Industrial Development Zone will become a hot spot for investment and an innovation Highland

Tianjin Binhai High-tech Industrial Development Zone, formerly known as “Tianjin New Technology Industrial Park”, was approved and established in 1988 by the Tianjin CPC Committee and Municipal Government; in 1991 the State Council approved the first batch of high-tech industrial development zones. In March, 2009, with the approval of the State Council, it officially changed its name to “Tianjin Binhai High-tech Industrial Development Zone”. The overall planned area is 97.96 square kilometers, including the Huayuan Science Park, Binhai Science Park, Nankai Technology Park, Wuqing Science Park, Beichen Science and Technology Park, Tanggu Technology Park. The core area is Huayuan Science Park and Binhai Technology Park, which are located in southwest and east Tianjin, respectively. Tianjin Binhai New Area is the first area to be held responsible by both ministry-level institution and city municipality, the status of which was approved by the State Council. The Ministry of Science and Technology listed the area as one of the first national pilot innovative science parks. Presently, Tianjin Binhai New Area has become an important base for scientific and technological innovation, a high-tech industrial base, and a training base. It was listed as a national innovative science park and a national intellectual property demonstration zone. It has become a hot spot for domestic and foreign businesses alike.

In recent years, as the core area of National Innovation Demonstration Zone, Tianjin Hi-tech Zone further enhanced its quality and quantity. The number of high-tech enterprises ranked first in Tianjin. In 2015, 1,328 new SMEs were registered, including 70 “little giants”, 6 city level incubators, 198 new high-tech enterprises, 20 publicly traded companies that were listed on all three Chinese corporations to climb ladders. Several policies are already in place, such as the “thousand, hundred and ten” foster plan, unicorn enterprise training action plan, incubation program for upgrading “little giants” and others. We’ll promote the innovation ability and marketing ability of the SMEs from different angles. By 2020, the High-tech Zone will form around four clusters of high-end industrial innovation, newly build 50 R&D and innovation platforms, churn out 50 new “secretweapon” products, and build 1-2 new industrial technology research institutions. 40,000 patents will be filed and 300 enterprises will have pilot areas for patents. The High-tech Zone will establish a state-level corporate data analysis system and start a foster plan to cover all high level enterprises. It will pay special attention to those “double soft” enterprises, enterprises with one million 9stock markets. All indexes indicate that the area is No. 1 in Tianjin.

In 2016, the High-tech Zone will ensure that 57 key projects be kicked off, 37 on-going projects be accelerated, and 38 projects totaling 53.2 billion CNY in investment be completed. It will also accelerate the construction of the northern part of Future Technology City, kick off the construction of Beijing-Tianjin cooperation demonstration area, and strive to provide the necessary conditions that allow these projects to be settled down here so as to facilitate the transfer of resources and projects of Beijing. In addition, for the old communities, we’ll continue to implement the three-year plan of upgrading. Tanggu Marine Science and Technology Park, the New River and the old community of Xinbei Street will be transformed into one single harmonious community that shares economic/ social development and progresses.

In February, 2016, Tianjin Hi-tech Zone held a conference to promote the upgrading of technology “little giants” and officially released “Five-Year Action Plan for upgraded version of Tianjin Hi-tech Zone Little Giants”. By 2020, Tianjin Hi-tech Zone will gather 12,000 SMEs, 550 “little giants”, and more than 1,600 state level high-tech enterprises. There will be 80 technology “little giants” with revenue of more than 500 million CNY, 50 with more than 1 billion CNY and 20 leading technological enterprises. 150 enterprises will complete their incorporation process and 100 enterprises will be publicly traded. Industrial technology “little giants” will have a total output that accounts for 55% of the total large scale industrial output. Increase rate, growth, and tax contribution will lead the nation’s high-tech zones. Considering the life cycle of the enterprises, the High-tech Zone will form a policy to urge the CNY revenue and research capabilities, and key enterprises that are keen to bidding projects. It will establish a grand business ledger. We’ll improve the livelihood of technology services, leverage market resources, promote the connection between city level enterprises and state level enterprises, and form a national strategic reserve list of enterprises. We’ll increase the support for state level enterprises and the number of them. By 2020, 30 new incubators will be added; 3 million square meters of entrepreneurial area will be available; a batch of professional incubators, accelerators and industrial parks will be added.