Tianjin aims to use its newly established status as a free trade zone to boost its economic links between Beijing and Hebei province.
 

The 120-square-kilometer China (Tianjin) Pilot Free Trade Zone opened last month, and comprises Tianjin port, an airport and a central business district, all located in the Binhai New Area.

 

City officials hope the FTZ will act as a "testing ground" for the national strategy to boost economic ties between Beijing and Tianjin by developing the surrounding areas.

 

Liu Jiangang, director of Tianjin's commission of commerce, said the city will further upgrade its financial, logistics, healthcare and tourism sectors as part of the Beijing-Tianjin-Hebei economic circle.

 

The plan includes allowing foreign companies greater access to the service sector.
 

Tianjin also has improved transport links to attract State-owned enterprises, multinationals and large financial institutions.

 

A high-speed railway connecting Beijing, downtown Tianjin and Yujiapu, the heart of the city's business district in the FTZ, will start in August. 

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