In 1991, the State Council established theTianjin Port Free Trade Zone, which has grown from a 5-sqm special customs supervision area to a large integrated economic functional zone consisting of several special customs supervision areas and economic development zones with a total area of 202 sq.km. It is divided into three sections: airport, seaport, and harbor. The airport section includes the Tianjin Airport Economic Area andthe Tianjin Aviation Logistics Zone, while the seaport section includes the Tianjin Port Comprehensive Bonded Zone. The harbor section covers the Tianjin Harbor Economic Area, which has 80 km of coastline and two port areas, Dagukou and Gaoshaling, with a total port throughput capacity of 300 million tonnes.
The Zone is committed to introducing projects that can optimize the industrial structure, promote industrial upgrading, improve industrial concentration, and achieve high-quality development. It has become a special economic zone with comprehensive advantages, high openness, and great vitality. The Zone aims to build a livable new city that provide senterprises and residents with a high-quality developing and living environment.
The Zone has registered 34,500 business entities, including 275 projects invested by the Global Fortune 500. In 2022, the regional GDP increased by 3.9%, the annual industrial output value was180.31 billion yuan, sales of goods were 1060.67 billion yuan, and the income of the profit-making service industry was 77.4 billion yuan. The district-levelgeneral public budget revenue was 10.19 billion yuan, and the actual use offoreign capital was 870 million U.S. dollars. The Tianjin Italian SME Industrial Park is located in the Tianjin Port Free Trade Zone and can fully meet the development needs of Italian SMEs due to the Zone's advantageous location, advanced infrastructure, strong industrial base, abundant supply of talents, superior office conditions, perfect living support, good innovative atmosphere, and convenient government services.