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(Xinhua-PRNewswire)Tianjin Economic-Technological Development Area (TEDA), announces "Interim Provisions of TEDA to Promote the Development of Service Outsourcing." The policy will provide various preferential policies covering areas that include improving infrastructure, encouraging talent imports and training,[link widoczny dla zalogowanych], as well as offering competitive tax support.
In compliance with the policy, TEDA will set up a "TEDA Fund for the Development of Service Outsourcing," with RMB100 million dedicated to supporting the development of service outsourcing. For enterprises and institutions meeting the requirements, in addition to the supporting capital for service outsourcing from the state and Tianjin municipality, TEDA will also provide an additional 50% of that supportive fund. Moreover, TEDA also formulated many supporting policies for service outsourcing enterprises in terms of software export, talent training, financial service and IP service etc. TEDA's support will focus on the service outsourcing of key areas such as software development, R&D design, financial backstage services, finance management, administrative management; HR services and client services, etc.
Recently, three famous domestic [link widoczny dla zalogowanych], namely, Dalian Huaxin, Beijing Beyondsoft and Xi'an Yanxing signed investment agreements with TEDA, who will set up companies in TEDA as significant parts of their development strategies.
As Tianjin Binhai New Area is incorporated in the national overall development planning, TEDA will embrace more opportunities and advantages as a core area. TEDA will make another industrial realignment to develop the modern service based on the advanced manufacturing industry,[link widoczny dla zalogowanych], which and promote industrial upgrading.
About Tianjin Economic-Technological Development Area (TEDA)
Tianjin Economic-Technological Development Area (TEDA) was established in 1984 with the approval of the State Council of the People's Republic of China. It is one of the first state-class economic- is TEDA's strategic choice to optimize the industrial structure technological development areas in the country.
TEDA is located in the center of a larger area bordering Bohai Sea and the east of the Asia-Europe Land Bridge, thus serving as the gate to the two super cities of Beijing and Tianjin, and the throat connecting the northeast of China. By the end of 2005, 4,[link widoczny dla zalogowanych],067 foreign companies have landed in TEDA. Of the Fortune 500 companies, 57 multinational companies, from 10countries and regions,[link widoczny dla zalogowanych], including such well-established multinational giants as Motorola,[link widoczny dla zalogowanych], Samsung and Toyota, invested in 123 enterprises in TEDA. In2000, "Fortune" listed TEDA as one of the most highly recommended economic areas in China. In 2002 UNIDO listed TEDA as one of the most dynamic areas of China together with Shenzhen, Suzhou, Wenzhou, Shanghai Pudong and Xi'an High-tech Park.