A view of the port area of Binhai New Area in Tianjin. XINHUA
Over the past decades, Binhai New Area, a coastal area of Tianjin, has transformed from a patch of saline-alkali wasteland into a modern, eco-friendly district, and is now shaping a new growth model centered on green development, officials said.
"Binhai has become a key engine driving Tianjin's high-quality development," Lian Maojun, Party secretary of Tianjin Binhai New Area, said at a recent news conference.
Binhai's GDP reached 789.1 billion yuan ($116.3 billion) last year, ranking second among all national-level new areas in China, while its per capita GDP stood at about 380,000 yuan, the highest among its peers, according to the local government.
A total of 247 Fortune Global 500 companies have set up more than 2,300 investment projects in Binhai, with cumulative actual foreign investment exceeding $100 billion. Foreign trade volume surpassed 610 billion yuan last year, supporting the district's role as a major hub of international shipping and trade in northern China.
