The Tianjin Port Free Trade Zone, established in 1991 with the approval of the State Council, has grown significantly over the years. It started as a customs special supervision area of 5 square kilometers but has expanded into a large comprehensive economic functional zone that covers multiple customs special supervision areas and economic development zones, spanning a total area of 202 square kilometers. The Zone is divided into three sections: the Airport Section, the Seaport Section, and the Harbor Section. The Airport Section includes the Tianjin Airport Economic Area and the Tianjin Aviation Logistics Zone. The Seaport Section is home to the Tianjin Port Comprehensive Bonded Zone. Finally, the Harbor Section encompasses the Tianjin Harbor Economic Area, which has 80 kilometers of coastline and dual port areas, Dagukou and Gaoshaling, with a combined port throughput capacity of 300 million tonnes.

The Zone aims to become a leading  demonstration area for port economy, an upgraded version of pilot free trade zone, and a modernized international aviation city. It has actively seized major development opportunities such as the Belt and Road Initiative, pilot free trade zones, the coordinated development of the Beijing-Tianjin-Hebei region, and the development and opening-up of the Tianjin Binhai New Area. The Zone has made efforts to attract high-level investment projects, promote industrial upgrading, optimize the industrial structure, enhance industrial clustering, and achieve high-quality development. As a result, it has evolved into a distinctive economic zone with comprehensive advantages, high openness, and remarkable vitality.

Currently, there are 34,500 registered business entities in Tianjin Port Free Trade Zone, including 275 projects invested by Fortune Global 500 companies. In 2023, the regional GDP increased by 6.3% compared to the previous year. The annual industrial output value reached 191.0 billion yuan, with a growth of 1.1%; the sales volume of commodities above designated size reached 1,150.2 billion yuan, with a growth of 3.9%; the revenue of for-profit service industry was 86.8 billion yuan, with a growth of 11.1%. The local general public budget revenue reached 10.61 billion yuan, with a growth of 3.7%. The actual utilization of foreign capital reached 940 million US dollars, with a growth of 4.3%; the domestic investment attracted reached 52.17 billion yuan, with a growth of 18%. The completed investment in fixed assets amounted to 21.64 billion yuan. The proportion of secondary and tertiary industries is approximately 38.4:61.6.

The Zone offers a superior geographical location, developed infrastructure, a strong industrial foundation, abundant talent supply, excellent office conditions, comprehensive living facilities, a favorable atmosphere for innovation, and quality government services. With these advantages, the Tianjin Italian SME Industrial Park can fully meet the development needs of Italian SMEs.