Tianjin is one of the four municipalities directly under the Central Government of China. Not only is it an international harbor and economic center in the north of China, but it is also well-known for its profound historical and cultural heritage. After the founding of the People’s Republic of China, Tianjin became a municipal city. In 1978, with the adoption of the policy to reform and open up to the outside world, Tianjin became one of the first coastal cities in China to open up. Due to the excellent geographic location and convenient outbound transportation, the city has become a hot destination of foreign investment and has attracted many of the world’s top 500 corporations.
In the Outline of the 11th Five-Year Plan for the Development of National Economy and Society in the People’s Republic of China, which was approved of in 2006, it is pointed out that the development and opening of Tianjin Binhai New Area is part of the overall national development strategy of China. Binhai New Area has formed industrial clusters with distinct advantages. Dominated by secondary and tertiary industries, there are IS major categories and industrial systems with their own features in Binhai New Area. 219 of the Fortune 500 companies have settled in the Area. Industrial clusters are taking shape in processing and manufacturing industries and the service industry. In the future, efforts will be made to build Tianjin into an international harbor city, economic center in the north of China, and an ecological city. This positioning of the city provides a broad stage for Tianjin to seek further development.