Tianjin Science and Technology Industrial Park 

The Tianjin Science and Technology Industrial Park was set up in March 1988 with the approval of the Tianjin Municipal People's Government, and ratified as a science and technology industrial park of the State by the State Council in March, 1991. It is a key construction area of reform and opening to the world in Tianjin. The park has been developed at a speed breaking down old convention in seven successive years, and now more than 1600 enterprises have been set up in it. A total of RMB ?¤ 4. 15 billion was reaped from technology, industry, and trade in 1994, turning into a new place of economic increase in Tianjin.

The park is composed of three parts. The first part is the Huayun Industrial Zone with a planning area of 10 square kilometers. The zone is in close proximity to the city proper with an outer ring road running through it. Here will be built a beautiful new industrial city of high technology and science. The second part is an area enjoying favorable policies. It is an intellectual-intensive area, situated in the Nankai District. And the third part is the industrial belt along the Beijing-Tianjin-Tanggu, including the Wuquing Science & Technology Garden with an area of 3 square kilometers, the Beichen Science & Technology Garden with an area of 2. 35 square kilometers and the Tanggu Marine Science & Technology Garden with an area of 2.28 square kilometers in the starting zone.

The park enjoys superior investment environment. it has convenient traffic-17 kilometers from the Tianjin Airport, 4 kilometers from the Tianjin Railway Station, and 50 kilometers from the Tianjin Port. There is a wide range of industries in the park, such as electronics and information engineering, mechatronics, biological engineering, new materials, new energy sources, marine engineering and other new technologies applied on the basis of traditional industries.

At present, 170 foreign - funded enterprises hove been approved to register in the park. The investors are from 17 countries and regions including Australia, Germany, Japan, South Korea, the United States, and the Hong Kong and Taiwan regions. Up to now, 170 foreign-funded projects have been authorized with a total investment of US$ 380 million.