Tianjin has introduced 33 measures to pursue growth and to secure the steady operation of the city's economy in the new year.

It will further expand investments in key projects and maximize the use of various resources such as land, energy, and environmental assessment.

More than 200 new projects with a total investment of more than 200 billion yuan ($28 billion) are scheduled to start in the first quarter. Activities such as forums and salons will be planned to boost investment. The connection between banks and enterprises will be strengthened to expand financing for projects.

The metropolis will launch more initiatives to promote consumption. The 2023 China (Tianjin) International Automobile Exhibition will provide promotional activities such as test-driving new energy vehicles in rural areas. It will also take measures to revive the tourism industry and launch 20 selected tourism routes.

The city will give more support to modern industries, promote intelligent and high-end integrated circuit design companies as well as set  up special funds at the municipal level to support the development of the platform economy.

More attention will be paid to stabilize foreign trade and investment, encouraging enterprises to participate in exhibitions and promote   trade with the Philippines, Vietnam and Thailand.

The construction of China (Tianjin) cross-border e-commerce comprehensive pilot zone will be accelerated. Several measures to further encourage investments will lead to setting up R&D centers. 

Financial institutions will increase support for key domains and weak areas, such as agriculture, small and micro enterprises, green development, and technological innovation. The city will also relieve tax burdens for middle- and small-sized enterprises.

It will further promote the healthy development of the real estate market and create more jobs.