Tianjin's Foreign Trade and Economy

In recent years, Tianjin has firmly concentrated on the two cardinal transformations by deepening reforms and expanding opening, resulting in fast development of Tianjin’s foreign trade and economy. Its export has realized two-digit growth rate in 1994 and 1995. In 1996, its import and export volume exceeded US$4 billion-an increase of 37％ over 1995. Thanks to Tianjin government’s effort to improve investment environment, the 1996 export from foreign-funded enterprises doubled that of 1995, accounting for 53％ of Tianjin’s