Xiqing hi-tech industrial park. [Photo/xeda.gov.cn]

Xiqing Economic and Technological Development Area (XEDA) was established in 1992. It is located in the south of downtown Tianjin, integrating with the city's functions as an administrative, financial, cultural, and exhibition exchange center.

The Area is a State-level economic and technological development zone officially approved by the State Council. The overall planning area is 150 square kilometers, including a 16.88-sq-km completed area, a 100-sq-km of the electronic information industry base, a 31-sq-km of Yadian Reservoir Comprehensive Development area and a 6.33-sq-km of core area for service facilities.

After years of construction and development, five leading industries, such as electronic information, automobiles and parts, bio-medicine, high-grade daily necessities and equipment manufacturing, have been fostered.

It is actively cultivating strategic emerging industries such as Internet Plus, big health, and improving the modern service industries ranging from office building economy to culture and creativity. A new modern industrial system is taking shape in the Area.

As a mature investment destination in south Tianjin, Xiqing Economic-Technological Development Area has attracted countless domestic and overseas investors for its favorable business environment, quality and efficient government services, and considerate return on investment.

As of March 2018, 2,766 enterprises from 38 countries and regions have settled in the Area. Among them, 43 are the world's top 500 enterprises, such as Semiconductor Manufacturing International Corporation, Procter & Gamble, Unicharm, Samsung, and Panasonic have settled in the XEDA, attracting more than $25 billion in capital, including $14.4 billion foreign capital.

The main economic indicators of the Area have maintained a steady and rapid growth; therefore, it is rapidly emerging as one of the most competitive and potential State-level economic and technological development zones in China, and is an ideal investment destination in Northern China.