Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

N. China's Tianjin injects RMB32.57 million spending to support innovative development of trade in services

June 05, 2020


Abstract : North China's Tianjin has recently launched a fiscal spending of 32.57 million yuan to support the city’s innovative projects in trade in services sector, reported Shanghai Securities News on Thursday.

BEIJING, June 5 (Xinhua) -- North China's Tianjin has recently launched a fiscal spending of 32.57 million yuan to support the city's innovative projects in trade in services sector, reported Shanghai Securities News on Thursday.

According to the Tianjin Finance Bureau, the contracts executed by enterprises from January 1, 2018 to June 30, 2019 will enjoy the financial support from three aspects including supports on trade in services public service platform construction and international service outsourcing, and discount interest supports for import services and technology export business.

In recent years, Tianjin's trade in services has developed rapidly thanks to the government's financial support.

In 2019, Tianjin has achieved 530 million U.S. dollars in technology exports and the service outsourcing companies have achieved a total value of 1.91 billion U.S. dollars in offshore execution with a year-on-year increase of 23.4 percent.

In addition, 72 countries and regions have issued contracts to Tianjin in 2019, of which the total business execution of countries along the Belt and Road Initiative (BRI) increased by 113.3 percent year on year. (Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Tianjin trade in services fiscal spending

Reading:

About Yangtze River Delta integration

Changchun vehicle import port: a bridge connecting China's "motor city" and B&R countries

China adjusts plans for int'l inbound passenger flights

China province offers e-vouchers to boost tourism

Discover China: 2022 Winter Olympics skiing venue sees hotel boom

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial