TEDA - Tianjin Economic-Technological Development Area: Northeast China’s technologic development enclave
15 - October - 2007 | 0Issue 5/ October - November 2007
By Moises Bolekia
Tianjin Economic-Technological Development Area has become one of the major industrial centers in Northern China, achieving a similar importance as the Special Economic Zones as Shenzhen, or Shanghai’s Budong. Over 60 enterprises and multinational of the top-500 global Fortune have set up 129 enterprises in TEDA; the most remarkable are, for instance, the Americans Motorola, IBM or Coca-Cola, the European Schneider, Wella or Nestle, but the Asian companies have a major presence: Samsung, Panasonic, Toyota, Yamaha, Hyundai, Fujitsu and many others. Accumulatively, TEDA had approved 4,299 enterprises founded by foreign capital, including Hong Kong, Macau and Taiwan by the end of 2006 (1).
The present paper wants to focus on TEDA’s key role in regional and Chinese national economy due partially to its geographical privileges. First, we will discuss the main features of Free Economic Zones (FEZ) as TEDA is. Secondly, we will provide some interesting economic statistics from the official sources like the annual report of TEDA, focusing our attention on Information Technology’s (IT), probably the pillar and key industry for TEDA.
