Tianjin: Opportunities for UK businesses
This is the first in a series of videos showcasing China’s regional cities and showing the potential business opportunities there for UK companies. Tianjin, around 160 kilometres south-east of Beijing, is China’s 6th largest city and its second largest general port after Shanghai. The 2300 square kilometre ‘Tianjin-Binhai New Area’, a powerhouse of advanced industry and high tech manufacturing, is considered to be one of the country’s key economic hubs. With China’s post-1992 economic liberalisation, Tianjin’s industry has now been largely privatised. The city is a top performer in ICT, bioengineering, energy technology and environment. It has a large refinery and an oilfield and is manufacturing worldclass wind turbine generators. Tianjin also has a well-developed automotive sector. Its industrial strengths are demonstrated by an oil refinery, polymer plants, a large soda ash factory, factories making steel pipes, electronic components, pharmaceuticals and electrical equipment. Tianjin is the country’s key port for foreign trade, especially oil and iron ore imports and coke exports. Tianjin is one of the top regional cities for sales, manufacturing for export and R&D. This, combined with its current outperforming growth rate, makes it one of the most attractive regional cities. Find out more about China’s regional cities at – bit.ly Profiles of China’s regional cities can be downloaded here – bit.ly