Municipality's plan will boost economic relations with Beijing

FTZ status to increase growth in Hebei by attracting State-owned firms and companies with global presence

Tianjin, a coastal city in northern China, aims to use its newly established status as a free trade zone to boost its economic links between Beijing and Hebei province.

The 120-square-kilometer China (Tianjin) Pilot Free Trade Zone opened last month, and comprises Tianjin port, an airport and a central business district, all located in the Binhai New Area.