Tianjin Binhai High-Tech Zone reports 9% GDP growth in Q1-Q3

The Tianjin Binhai High-Tech Zone posted strong economic performance in the first three quarters of this year, with GDP growing 9 percent year-on-year, revenue from 19 key service sectors above the designated size up 12.9 percent, total industrial output above the designated size up 9.5 percent, fixed-asset investment up 48.4 percent, and general public budget revenue up 10.6 percent.

The zone has seized opportunities in AI-driven computing power and optical communications, with several industry leaders achieving rapid growth. One company listed on the Shanghai Stock Exchange's sci-tech innovation board, or STAR Market, while two others filed for listings on the Hong Kong Stock Exchange and ChiNext in Shenzhen.

Investment promotion continues to lead, with 33.41 billion yuan ($5.01 billion) in industrial project funds in place and actual foreign investment expected to reach $695 million. Over 30 key projects have settled in emerging sectors such as computing power, embodied intelligence, and life sciences, and 27 high-quality projects have passed municipal-level certification.

The zone will continue to cultivate high-quality projects, strengthen services for key industries and enterprises, accelerate the construction of new projects, and strive to build an innovation hub for new quality productive forces in the Beijing-Tianjin-Hebei region.