The functional positioning of CBD Area on the whole is to be a headquarters clustering area for enterprises from Beijing, Tianjin and Hebei, a national financial innovation demonstration area, a symbolic area of Tianjin Pilot Free Trade Zone, an innovation and entrepreneurship demonstration base and the core area of Binhai New Area.
During the period of “Thirteenth Five-Year Plan”, CBD Area will transform from regional development and construction to functional integration and upgrading and march ahead from local prosperity to full maturity. It will focus on building five industry clusters including headquarters economy, the financial industry, science and technology and new generation of information technology, cross-border trade and e-commerce, and culture, creativity and media. By 2020, it will form a modern service economy system with specific positioning, clear architecture and distinctive features, as well as be built into an international and modern new urban area with rule of law, which will be suitable for business, entrepreneurship, travel and tourism
CBD Area actively undertakes the transfer and easing of Beijing’s non-capital functions and targets at central companies, well-known private companies and multinational companies to vigorously bring in headquarters projects and a variety of high-quality companies, which has shown obvious effect. In the first half year of 2017, more than 200 Beijing high-quality companies newly settled in CBD Area. Among a variety of 57 corporate headquarters in the district, 28 are from Beijing, including 10 headquarters of central companies, 5 level-2 headquarters, a number of functional headquarters of well-known private companies and national headquarters of leaders in the subdivided industries.
In January 2017, CBD Area was selected and approved among the first batch of national pilot cities (districts) for industry-finance cooperation announced by Ministry of Industry and Information Technology of China. CBD Area deepens financial reform and innovation, makes full use of opportunities and policy advantages of Beijing, Tianjin and Hebei, Tianjin Pilot Free Trade Zone and others. In the fields such as innovative financial services of central companies, private equity funds and big asset management, cross-border investment and financing, supply chain finance and business innovation of licensed institutions, CBD Area is forming industrial characteristics and clustering effect and has accumulated a number of innovative operation cases.
On April 21, 2015, China (Tianjin) Pilot Free Trade Zone was officially established. CBD Area became one of the three major areas of China (Tianjin) Pilot Free Trade Zone with the main task of developing the modern service industry focusing on financial innovation. In recent two years, it has been actively exploring the establishment of systems and mechanisms closely aligned with international rules and vigorously creating business environment to the benefit of gathering global capital elements, international high-end service industry resources and elites in all fields. It has formed a number of reproducible and propagable models and cases in the fields of key industry development and relevant reforms.
On September 21, 2015, Yujiapu and Xiangluowan in CBD Area began to build bases for innovation and entrepreneurship. In May 2016, Tianjin Yujiapu innovation and entrepreneurship demonstration base became one of the first batch of national innovation and entrepreneurship demonstration bases approved by the State Council. In recent two years, 6,587 innovative and entrepreneurial companies have been registered. 12 public innovation and entrepreneurship spaces, including Tencent Innovation Space, Tianjin Aliyun + UrWork, CITIC Guoan Maker, Sinosteel Kede Incubator, Bauhinia Technology Incubation Park, Ciprun Intellectual Property Technology Innovation Park, YUWOOD pan entertainment cultural and creativity community, etc., have been put into operation. More than 200 star innovative and entrepreneurial companies have emerged.