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Harbor Area of Tianjin Port Free Trade Zone Had Total Commodity Sale of RMB 331.7 Billion in 2020

Release date:2021-05-25    
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  •   In the whole year of 2020, Harbor Area of Tianjin Port Free Trade Zone had total commodity sale of RMB 331.7 billion, with a year-on-year increase of 221%.

      The Top 500 enterprises introduced in recent years, such as Zhongtong Mining, Xinye International Trade and Jingye Fushan had remarkable driving effect for the economy, and contributed more than RMB 20 billion to the trade volume. The foreign trade import and export volume exceeded RMB 20 billion, which was doubled as compared with the previous year. Thus, dual growth of domestic trade and foreign trade as well as dual economic cycles were realized.

      The Lingang port economic development bureau of Tianjin Port Free Trade Zone overcame the disadvantages caused by the epidemic to the port trade, provided considerate services for enterprises, and made remarkable achievements in investment introduction. It is learned that 107 trade projects were introduced in 2020, including 25 Fortune 500 projects, and the new projects contributed RMB 537 million to the tax revenue in the very year. The annual goal was achieved in all these indicators. At the same time, the bureau also actively expanded the scope of industrial investment invitation relying on the port advantage, and laid a good foundation for introduction and development of new driving force for the trade industry.


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