Tianjin City is the fourth largest city in China after Beijing, Shanghai, and Guangzhou. It is located in the north-eastern, Bohai Bay area, and its port is approximately 140 kilometres to the south-east of Beijing city. The population of the city, according to the National Bureau of Statistics of China (2012) is 13.1 million people (Jones Lang Lasalle). Tianjin is among fastest growing cities in the world. In fact, it has experienced an economic growth rate higher than China’s national average. This immense growth is attributed to massive investment in infrastructure; increased foreign investments, and a central government that strongly supports the policy of the city.
The city’s total area is 11,920 km2 with twelve districts, three counties, and the sub-provincial city, the Tianjin Binhai New Area (TBNA). The highest ranking government official in the municipality is the Mayor, Huang Xingguo. The key geographical regions of the city are Central Tianjin, TBNA, Tianjin Economic Technological Development Area (TEDA), the Financial District of Yujiapu, and Sino-Singapore Tianjin Eco-City (SSTEC).
The economy of Tianjin has maintained a double-digit annual growth over the last decade – GDP average above 15%. Data from the Statistics Bureau of Tianjin Municipality (2012) indicate that the GDP of the city in 2012 was ¥1,289 billion, up by 13.8% on 2011. At the end of the same year, the GDP per capita was ab…
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