China's new growth pole

Overview

Binhai New Area has top-level support in the Chinese government and provides a fresh focus for municipal administrations in Beijing and the nearby port city of Tianjin. The zone's advantages include natural resources, the 20-year-old Tianjin economic zone and port, and proximity to the capital. The aim is to produce a third Chinese coastal hub to rival the Yangzi and Pearl River deltas.

Aerospace, cars, high-tech, pharmaceuticals and energy are the growth sectors concentrated in the...

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