WEDA upgrades as state-level economic-technological development area

Tianjin Wuqing Economic-Technological Development Area has been upgraded as state-level economic and technological development area, and has become the only economic zone that enjoys dual policies of state-level economic and technological development area and state-level high-tech industrial park in the whole city.

On December 30, 2010, the State Council formally approved Wuqing Economic-Technological Development Area (WEDA) to be upgraded as state-level economic and technological development area, which was named as Wuqing Economic and Technological Development Area. Current policies for state-level economic and technological development area would be carried out in it. Wuqing Development Area has become the only economic zone that enjoys dual policies of state-level economic and technological development area and state-level high-tech industrial park in the whole city.

Tianjin Wuqing Economic-Technological Development Area is the municipal-level development area approved by Tianjin Government in July, 1992. Before this, the State Council had approved to establish Tianjin New Technology Industrial Park Wuqing Development Area as the state-level high-tech industrial park on December 28, 1991.

In order to promote the economic and technological development of the counties and districts, Tianjin Municipal Commission of Commerce held special session on March 27, 2009, and organized all municipal development areas to declare for being upgraded to state-level development area. On December 30, 2010, the State Council formally approved Wuqing Economic-Technological Development Area to be upgraded as state-level economic and technological development area, which was named as Wuqing Economic and Technological Development Area. Current policies for state-level economic and technological development area would be carried out in it. The upgrading of Wuqing Economic-Technological Development Area to state-level development area would be of strategic significance for the future development of the development area and even the whole district.