TEDA: Pioneering development in China's economic landscape

TEDA has taken the lead in China in its reform and opening-up, its new productive forces as well as luring foreign-invested capitals. Over the last four decades, TEDA has been transformed from a barren salt marsh into a leading international industrial hub, serving as China's first free trade pilot zone in the North China region and one of China's first-batch national-level development zones, excelling in economic scale, openness and investment environment. A legacy of transformation TEDA hosts major players such as FAW Toyota, FAW-Volkswagen, Great Wall Motors, Otis Worldwide Corp China, SEW, Samsung Electro-Mechanics, PPG and Novo Nordisk, making it a powerhouse for industrial innovation and collaboration. Since 2016, TEDA-based enterprises have launched 184 outbound investment projects worth $4.45 billion and the projects are located in countries and regions of Europe, North America, South America, the Oceania, Africa and Asia, strengthening China's global economic footprint. It has also been awarded numerous prestigious green accolades, including the ISO14000 China Demonstration Zone, the National Circulating Transformation Pilot Park, and first APEC Low-Carbon Model Town.