Tianjin Economic-Technological Development Area
Encyclopedia
Tianjin Economic-Technological Development Area , commonly abbreviated as TEDA is the main free market
zone in Tanggu District in Tianjin
, China
. It was formed in late 1984 and currently has more foreign businesses in it than all of Shanghai
.
and the Asia-Pacific
at large.
TEDA, pronounced nearly the same in Mandarin Chinese, is a vast area by the seaside. It contains a port, business buildings, urban residential areas, and an extensive transportation network. TEDA also contains the TEDA Football Stadium
, used by Tianjin's football team, Tianjin Teda FC
. The stadium was finished in 2004.
The area's largest bridge is the Haihe toll bridge.
of Tianjin Municipality, TEDA is around 40 minutes from downtown Tianjin, 30 minutes from the Tianjin Binhai International Airport
and 5 minutes away from the Tianjin Port. The Binhai Mass Transit
rapid transit system was introduced in 2004 to reduce travel time between Tianjin downtown and TEDA.
There is an increasing foreign population in TEDA, supported by an International School
which is accredited by both WASC and CIS. The school Teda International School was established in 1995.
TEDA is also home to the Tianjin TEDA Maple Leaf International School (TTMLIS), formerly called Harbor View School. TTMLIS is a member of Maple Leaf Education Systems, whose flagship school is located in Dalian, China.
Free market
A free market is a competitive market where prices are determined by supply and demand. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts...
zone in Tanggu District in Tianjin
Tianjin
' is a metropolis in northern China and one of the five national central cities of the People's Republic of China. It is governed as a direct-controlled municipality, one of four such designations, and is, thus, under direct administration of the central government...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
. It was formed in late 1984 and currently has more foreign businesses in it than all of Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
.
History
The area was created in late 1984. Since 1997, the Ministry of Commerce (MOFCOM, the former Ministry of Economy and Foreign Trade) started a comprehensive appraisal on investment environment of all national-level development zones which covers eight major indicators like overall economic strength, infrastructure, operation cost, human resources and supply, society and environment, facilitation for technology innovation, management system building, and development and efficiency. For 12 years in a row, TEDA topped the list. It is a leading investment spot in ChinaChina
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
and the Asia-Pacific
Asia-Pacific
Asia-Pacific or Asia Pacific is the part of the world in or near the Western Pacific Ocean...
at large.
TEDA, pronounced nearly the same in Mandarin Chinese, is a vast area by the seaside. It contains a port, business buildings, urban residential areas, and an extensive transportation network. TEDA also contains the TEDA Football Stadium
TEDA Football Stadium
TEDA Football Stadium is a professional football stadium in Tianjin, China. It is the home of Tianjin Teda F.C. The stadium holds 37,450 people and was built in 2004...
, used by Tianjin's football team, Tianjin Teda FC
Tianjin Teda FC
Tianjin Teda FC is a Chinese football club based in Tianjin and owned by the TEDA Group. . The club was founded in 1957, and took on its current identity in 1998, becoming Jia B Champions that same year...
. The stadium was finished in 2004.
The area's largest bridge is the Haihe toll bridge.
Location
Located in the Binhai New AreaBinhai New Area
Binhai New Area ，short for Binhai is a major economic development zone within the jurisdiction of Tianjin municipality in China. Binhai New Area locates on the east coast of Tianjin and center of Circum-Bohai-Sea Region.Binhai New Area is a new growth pole in china, and maintain an annual growth...
of Tianjin Municipality, TEDA is around 40 minutes from downtown Tianjin, 30 minutes from the Tianjin Binhai International Airport
Tianjin Binhai International Airport
Tianjin Binhai International Airport is an airport located east of Tianjin, in Dongli District. It is one of the major air cargo centers in the People's Republic of China....
and 5 minutes away from the Tianjin Port. The Binhai Mass Transit
Binhai Mass Transit
The Binhai Mass Transit is one of two rapid transit systems in Tianjin, the other being the Tianjin Metro. Binhai Mass Transit is a rapid transit line that serves the Binhai New Area and TEDA...
rapid transit system was introduced in 2004 to reduce travel time between Tianjin downtown and TEDA.
There is an increasing foreign population in TEDA, supported by an International School
International school
An International school is loosely defined as a school that promotes international education, in an international environment, either by adopting an international curriculum such as that of the International Baccalaureate or Cambridge International Examinations, or by following a national...
which is accredited by both WASC and CIS. The school Teda International School was established in 1995.
TEDA is also home to the Tianjin TEDA Maple Leaf International School (TTMLIS), formerly called Harbor View School. TTMLIS is a member of Maple Leaf Education Systems, whose flagship school is located in Dalian, China.
See also
- Binhai New AreaBinhai New AreaBinhai New Area ，short for Binhai is a major economic development zone within the jurisdiction of Tianjin municipality in China. Binhai New Area locates on the east coast of Tianjin and center of Circum-Bohai-Sea Region.Binhai New Area is a new growth pole in china, and maintain an annual growth...
- Transport in Tianjin
- Tianjin Teda F.C.
- Tianjin Teda CompanyTianjin Teda CompanyTianjin Teda Company Limited is a conglomerate state-owned enterprise based in Tianjin, China engaged in many business areas. It involves the businesses of garments, ecological products, transportation operations, medicines and nutrition products. It was founded in 1992 and listed on the Shenzhen...