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Tianjin’s GDP up 6.6 percent in 2021

exploringtianjin.com|Updated : 2022-02-12

Tianjin, a coastal city in the northern China near Beijing, is a major economic center with national significance. Let's take a look at the numbers the city achieved in 2021, a remarkable year being the starting year of the 14th Five Year Plan(2021-25), which was recently released at the annual session of the municipal people's congress that opened on Saturday.

General Growth

Tianjin's GDP went up 6.6 percent year-on-year, topping the goal of 6.5 percent set at the beginning of the year.

The city’s general public revenue and tax revenue increased by 11.3 percent and 8.1 percent year-on-year, respectively.

The added value of the manufacturing sector, designated as the city’s economic pillar, registered a 8.3 percent growth from the previous year. 

The profits of the region's industrial enterprises with annual revenues of more than 20 million yuan($3.15 million) soared by 50 percent over previous year.

Tianjin saw an additional 376,000 jobs, and per capita disposable income up 8.2 percent.

Goals for energy saving and emission cuts also have also been achieved.

Opening-up

Tianjin has built over 20 Luban Workshops, offering technical skills training to college students in overseas countries.

The city's total volume of imports and exports stood at 856.7 billion yuan last year, up 16.3 percent year-on-year.

The building of Tianjin Julliard School was completed and it welcomed in its first students.

Development drivers

China (Tianjin) Intellectual Property Center saw its building completed.

The city cut taxes and fees totaling 30 billion yuan to help ease the burdens on enterprises.

Tianjin Port launched the world’s first zero-carbon intelligent terminal.

The city has promoted the more cost-effective and environment combined sea-rail transportation expanding services, transporting a million containers.

The first phase of the National Convention and Exhibition Center (Tianjin) was put into use and ushered in its first international exhibition.

Tianjin added 268,000 market entities. 420,000 talents in high-technology areas have been brought in.