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Increase Rate of 6 Major Index in Tianjin Port Free Trade Zone in the First Half Year Ranking National Tops
Thursday,July 14,2005 Posted: 08:39 BJT(0039 GMT)  MOFCOM


In 2005, both quality and efficiency of economic operation in Tianjin Port Free Trade Zone were further improved, and increase rate of 6 major index ranked tops among all national Free Trade Zones, hitting a historical high. In the first 6 months, the gross output value in the Zone amounted to RMB8.07 billion, up by 40% on a year-on-year basis, total value of goods in and out the Zone were US$8.8 billion, up by 36.6%, and imports and exports reached US$3.26 billion, of which exports went up by 54%. The commitment hit US$1.02 billion and actual use of foreign investment US$380 million, up by 33.8% and 33.1% respectively. 136 foreign investment enterprises were newly approved, investment of 36 projects exceeded US$10 million, and average investment breaking through US$10 million for the first time. 56 enterprises of World Top 500 have settled down in the Zone.

(Source: Special Commissioner's Office in Tianjin)

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