Output in Tianjin zone increases to 805b yuan

Industrial output in the Tianjin Economic-Technological Development Area expanded 13 percent last year to 805 billion yuan ($133 billion), showing resilience amid slowing national economic growth.

Xu Hongxing, chairman of TEDA's administrative commission, provided the figure during a work conference on Monday.

Actual foreign direct investment in the region, a core zone of the State-level Tianjin Binhai New Area, increased 9.8 percent to $5.5 billion. TEDA's actual FDI generally accounts for about 50 percent of that in Binhai.