Increasing efforts were seen in changing the model of economic development and adjusting the economic structure of Tianjin in recent years. Supported by major project construction and driven by scientific and technological innovation, tertiary industries have been further optimised and new progress has been achieved in industry structure adjustment. Pursuant to the requirement of “approve one among every three projects”, total investment amounted to RMB330 billion and a total of 700 projects were completed in Tianjin in 2011, accomplishing the annual target. In addition, strengthening financial and monetary support for the development of small- to medium-sized science and technology enterprises has increased the number of newly established small- to medium-sized science and technology enterprises, where 8,500 were added to the total number of 21,000, bringing new growth momentum to local economy.
Tianjin Xin Hui Hua Ting is situated at the centre of Heping District. The project comprised high-rise residential units, high-end apartments and commercial facilities. As a multifunctional and integrated development community, Tianjin Xin Hui Hua Ting is an integration of classic architecture style, natural garden landscape planning and intellectual property services, etc., and is planned to develop into a project with high quality and innovation.
During FY2012, a total of 528 residential units, which were primarily two bedroom and three bedroom units, were launched for pre-sale under Tianjin Xin Hui Hua Ting. Over a thousand people visited the project on the launch day and market response was overwhelming. Currently, 97% have been sold.