Recently, many media have reported that the list about the second batch of approved local free trade zones would be issued very soon. As the important economic center & shipping center in the North of China, Tianjin becomes one of the approved local free trade zones for the second batch with the highest support.
While being interviewed by media, Ms. Wang, Xiaohong, professor of China Center for International Economic Exchanges, indicated that the most important point of setting up Tianjin free trade zone to drive a new round open of Bohai Rim. In addition to keep the replication scheme of Shanghai free trade zone, Tianjin free trade zone would focus on the function of financing & leasing business and increase the effects of internal radiation. Meanwhile, the negative investment list of Tianjin free trade zone would become much less and the opening effort would become much greater.
Some officials of Tianjin government declared to the media that the scheme of Tianjin free trade zone would reference and duplicate some experiences of Shanghai. Due to the proportion of state-owned enterprises in Tianjin is quite large and the development of private economy is relatively insufficient as well as the development of modern service industry lags behind relatively, so Tianjin would be going to explore a facilitation & liberalization mode of investment-service-trade accord with the northern economic background.
It is said that in addition to keep the replication scheme of Shanghai free trade zone, Tianjin free trade zone would focus on the function of financing & leasing business and increase the effects of internal radiation. Meanwhile, the negative investment list of Tianjin free trade zone would become much less and the opening effect would become much greater.
Tianjin bonded zone possesses the great four functions of international trade, modern logistics, port processing & product exhibition and enjoys the preferential policy of customs clearance, taxes, foreign exchange and etc. The logistics real estate in Tianjin port bonded zone has become the hottest investing domain. It is said that as the first one constant-temperature warehouse & distribution base being constructed in Tianjin port free trade zone, Haiwei Plaza is the first comprehensive squire with constant temperature & high intelligence and also the only one multifunctional complex with storage, office, exhibition, commerce and business. Haiwei Plaza with an area of about 30,000 squire kilometers would be put into use. With the approval of free trade zone & China-South Korea Free Trade Zone approaching, and combining with the current situation of scarce industry real estate in bonded zone, the project of Haiwei Plaza will have greater and greater development space and appreciation space.
