Tianjin 'green city' plans taking shape
Tianjin took a major step in green city plans by signing agreements for 13 projects in cultural and creative industries, financial services and new energy manufacturing sectors on Tuesday.
The projects, involving a total investment of about 21.64 billion yuan ($3.46 billion), are expected to come up in the Sino-Singapore Tianjin Eco-City, and include the deal with Chinese online search engine major Baidu Inc for the largest literary work platform in China and another for an online game operating center.
According to a memorandum of understanding signed by Tianjin Binhai New Area and Canada Natural Resources last year, the two countries will join hands to build a low carbon and ecological demonstration district in the Tianjin Eco-City, near the upcoming National Maritime Museum and the Tianjin Oceanic Administration Center, covering 2 square kilometers, and with a total investment of about 10 billion yuan.