Binhai New Area is a sub-provincial region under the jurisdiction of Tianjin Municipality, China, a national new area and a comprehensive reform pilot area. It is located in the eastern coastal areas of Tianjin, the heartland of the Bohai economic circle, the eastern starting point nearest to the Eurasian Continental Bridge, and China’s important marine outfall to the neighboring landlocked countries. With a total area of 2,270 square kilometers and a population of 2.48 million, Binhai New Area is regarded as the opening up gateway of northern China.
Tianjin Binhai New Area (TBNA) covers seven major industry functional zones and a comprehensive trade port ranking fourth in the world, including TianJin Port Free Trade Zone, Tianjin Harbor Economic Area, Tianjin Binhai Hi-tech Industrial Development Zone, Tianjin Economic-Technological Development Area(TEDA), Dongjiang Free Trade Port Zone, Sino-Singapore Tianjin Eco-City, Central Business and Commercial District and Tianjin Port. The cargo handling capacity of Tianjin Port reached 477 million tons in 2012. In 2005, Binhai New Area was cut in the Eleventh Five-Year Plan and was brought into national development strategy as a major national-level new area with priority of development and opening-up. Binhai New Area is conducting the construction of “Ten Great Development Platforms” with an investment totaled 1.5 trillion yuan. In 2012, the gross output value of Binhai New Area reached 720.517 billion yuan, the GDP per capita was about 300,000 yuan (about 50,000 U.S. dollars).