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| Tianjin Economic and Technological Development Area,
‘TEDA’ was set up by central government
in 1984, along with 14 other coastal cities which were
allowed to create development zones to attract foreign
investment. TEDA is built on 33 square kilometres of
reclaimed salt flats. Twenty years on, TEDA has been
rated as China’s most successful development zone
for the last 9 consecutive years. It has a truly enviable
record of attracting overseas investors, now numbering
4,387 in total, by giving them the highest ROI of any
zone in China. |
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It has a broad mix of investments but specialises
in the following sectors of industry:
• Electronics and telecommunications Industry
• Automotive and engineering industries
• BioPharmaceuticals and chemical industries
• Food and Beverage industry |
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Apart from providing an excellent environment for
international companies (59 of the Fortune 500 have
invested here), TEDA holdings is also the major partner
for Standard Life in their very successful insurance
joint venture in Tianjin, and is also the major partner
with Standard Chartered Bank in the Bohai Bank, the
first joint stock bank to be established in China for
thirteen years.
Major UK investors in TEDA include: GSK, IMI, BOC and
Foseco. |
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Visit TEDA’s website for fuller information
on what TEDA can do for you www.investteda.org
or email: teda@pancathay.com
for specific information.
Click
here for the latest copy of TEDA NEWS
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