Airbus recently decided to build a second production line in the Tianjin Port Free Trade Zone under Tianjin Binhai New Area. Airbus CEO Faury said: "We are honored to be China's long-term reliable strategic partner and jointly shape the future of China's aviation industry."
Germany's Handmann Group recently added 140 million yuan to build a new production line; Fayat Group's global spare parts logistics collection center was put into operation... Recently, foreign companies have invested in the Tianjin Port Free Trade Zone. As the frontier of my country's development and opening up and a gathering place for foreign capital in China, the Binhai New Area actually used US$1.81 billion of foreign capital in the first quarter of this year, a year-on-year increase of 19.5%. So far, Binhai New Area has attracted 19,000 foreign-funded enterprises to settle in. Behind the figures for the first quarter are the continuous efforts of the Binhai New Area to intensively cultivate and plant fertile soil.
Those who are close are happy: Foreign companies in China increase investment
FAW Toyota Motor Co., Ltd., headquartered in the new district, was established in 2003. With the new energy factory in the Sino-Singapore Tianjin Eco-city under the new district put into operation at the end of last year, its transformation in China is getting faster and faster. "As of the end of March, the production of FAW Toyota's new energy vehicles has increased by more than 80% compared with the same period last year." Bai Jing, director of FAW Toyota's office, said.
Novo Nordisk has been registered in the New District for 29 years. In February this year, the finished product workshop expansion project with a total investment of 1.18 billion yuan was launched. Prior to this, the factory had increased capital 8 times. "Relying on the resources of Tianjin's advanced manufacturing base, Novo Nordisk hopes to further expand high-quality localized production." Zhou Xiaping, Senior Vice President of Novo Nordisk and President of Greater China, said.
Foreign companies take root and grow in the new area, which also drives the industrial upgrading and reconstruction of the new area. Today, the new district has built a modern industrial system with distinctive features and outstanding advantages.
Tianjin Boeing Composite Materials Co., Ltd., located in Binhai High-tech Zone, is the only global supplier of the dorsal fins of Boeing's latest aircraft. Recently, the third-phase plant construction project with a capital increase of 650 million yuan is about to be completed. Park Qingyuan, general manager of the company, said: "With the construction of the new plant, our production capacity will be greatly increased, and we can provide supply chain services for Boeing aircraft manufacturing around the world. We also look forward to cooperating with more local enterprises in Tianjin to achieve common development."
Those who come from afar: Many foreign companies have settled in the new area
The French Air Liquide Tianjin Hydrogen Energy Supply base was launched in the Tianjin Port Free Trade Zone a few days ago, with a total project investment expected to exceed 1 billion yuan. This is a concrete manifestation that French companies are optimistic about the opportunities in the Chinese market.
The flowers are red and the willows are green, and foreign investment and settlement in the new area come one after another. Volkswagen Automatic Transmission (Tianjin) Co., Ltd.'s APP550 electric vehicle drive motor project started construction, marking Volkswagen's continuous deepening of China's localized production of electric vehicle components.
In March of this year, the investment promotion group of the new area went to France, Germany, and Denmark successively, and signed strategic cooperation agreements with 5 companies including the Fayat Group, realizing capital increase and production expansion of 25 completed projects, and accelerated implementation of 12 projects under discussion. During the period, Eric Delaunay, Sales Director of Energy Department of Schneider Electric Group, said: "Schneider's project cooperation in Binhai New Area is smooth, and we also plan to set up a research and development center in Tianjin."
At the end of April, Honeywell signed a memorandum of cooperation with the Tianjin Port Free Trade Zone to discuss the construction of a benchmark project for a sustainable aviation fuel production base in North China. Xu Jun, President of Honeywell Aerospace Asia Pacific, said: "Tianjin's aviation industry is concentrated, and the entire aviation industry chain is becoming more and more perfect. We look forward to providing support for promoting the reform of China's aviation fuel structure and accelerating the low-carbon transformation of the aviation industry."
"As of now, Binhai New Area has attracted 19,000 foreign-funded enterprises to register and set up, and 120 foreign-funded enterprises of the world's top 500 have come to invest." said Bao Jian, director of the Bureau of Commerce and Investment Promotion of Binhai New Area. Tass and many other well-known foreign companies have taken root and become an important engine for the high-quality economic development of the New Area.
Vote of confidence comes from good business environment
Foreign companies cast a vote of confidence not only because of location, market, and talent considerations, but also because of the recognition of the development environment.
"Binhai New Area has worked hard to provide high-quality sunshine, rain and fertile soil for the growth of foreign companies in China over the years." Zhao Qianmiao, deputy head of the new area, said that the all-weather, all-round, full-cycle "expert + butler" high-quality service allows enterprises to invest with confidence, Operate with peace of mind.
——Caring for the whole life cycle of the enterprise. Recently, the Tianjin Port Free Trade Zone released version 4.0 of "Optimizing the Business Environment", which proposed 48 measures in 4 aspects. In just a few years, the business environment policy here has been upgraded to the fourth version, and policies such as the registration system, land acquisition and deregistration, and package-style cancellation have been /confirm/ied, refreshing enterprises' understanding of the business environment over and over again.
——The effects of reform policies are amplified. China (Tianjin) Pilot Free Trade Zone and Binhai New Area superimposed. Zhu Changcun, deputy director of the Office of the Management Committee of the China (Tianjin) Pilot Free Trade Zone, said that thanks to increased opening up and enriched convenience measures, the number of newly established foreign-invested enterprises in the free trade zone in the first quarter increased by 38.71% year-on-year, and the actual use of foreign capital increased by 74.31% year-on-year. %, attracting more than 60% of foreign companies in the mid-to-high-end service industry.
"We're 'boldly trying, boldly breaking out, and making independent reforms', empowering the development of real industries with free trade functional innovation, and helping foreign-funded enterprises expand, stabilize, and improve quality." Xu Haitao, director of the Tianjin Port Free Trade Zone Investment Promotion Bureau, said frankly.
——Problem-oriented and dense "service network". Bao Jian said that Binhai New Area has organized "foreign-funded enterprise visits" and "one-on-one" door-to-door visits for three consecutive years to keep abreast of the production and operation of foreign-funded enterprises.
Bo Wenguang, deputy dean of the Binhai Development Research Institute of Nankai University and director of the Regional Development Research Center, believes that foreign-funded enterprises continue to increase their stake in the Chinese market, and their confidence in China's development continues to increase. The Chinese market is becoming a "strong magnetic field" to attract foreign investment.
