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Tianjin is one of the cradles
of China's modern industry. Since the 19th Century,
a large number of industrialists with a desire
to offer service to China came to Tianjin and
built shipyards, shinning mills and other national
industries. In modern different trade flourished,
including, soda ash, machinery assembly, electronics,
metallurgy, cement, petrochemicals etc. All
of which has laid a sound foundation for industry
in Tianjin.
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China's first wristwatch, first bicycle and first
TV set were produced in Tianjin. Since the 1980s,
modern high-tech industries such as the automobile
industry and bio-engineering began to settle in Tianjin
and thus formed a varied community of modern industries.
Tianjn is a major comprehensive industrial base in
northern China. It has over 150 lines of industry
consisting primarily of electronics, automobile, metallurgy,
pharmaceuticals, textiles, chemical and mechanics.
With strong industrial supportive abilities, Tianjin
enjoys good conditions for sustainable and rapid development
of industries. The Tianjin Government is active in
encouraging overseas investors to come to Tianjin
for cooperation in all forms. Of the approved overseas-funded
enterprises, 56.7% are in the industrial sector. Many
internationally renewed multinational corporations
have invested and built factories in Tianjin, and
include Motorola, Toyata, Novo Nordisk, Samsung, LG
and others. As a result of many years search and reform,
a strategy of developing secondary industry as the
city's mainstay; supported by primary industry and
significant efforts to boost the tertiary sector have
become Tianjin's target. A stable and well-balanced
composition of industry has emerged to meet the needs
of a modern and international metropolis.
Tianjn has given a high priority to the development
of the high-tech industry. In 1998, the "Tianjin
High-Tech Industry Development Program" was created
and a series of cohesive measures issued. Electronic
information, bio-pharmaceutical engineering, new energy
and new materials programs have been defined as major
areas for development into pillar industries for Tianjin.
The basis for environmentally friendly industry is
emerging and international cooperation in this regard
is increasing rapidly. Exchanges and cooperation on
the promotion of ISO14000 with Germany, USA, Great
Britain, Canada, Japan and Sweden have seen significant
progress. The output value of the high-tech sector
reached 58.7 billion RMB in 1999 and become a new
economic growth area for Tianjin.
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