Profile: Tianjin Binhai New Area

Tianjin Binhai New Area (TBNA) which witnessed fatal explosins Wednesday night is a major economic development zone in north China’s Tianjin Municipality.

Business in the area mainly concentrate in sectors such as aerospace, petrochemical, electronic information, biological pharmacy, new energy, new materials etc.

The GDP of the new area totaled about 876 billion yuan (139 billion U.S. dollars) last year.

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