News

Powerful Emerging Industry, with Strong Rate of Investment Growth

On July 22, with the title of Powerful Emerging Industry, with Strong Rate of Investment Growth, Tianjin News made a key topic report as long as 4 minutes on JECHO as a representative enterprise of strategic emerging industry. The report was broadcasted and reproduced by Tianjin's key government administration and news communication platforms including Tianjin Municipal People's Government (Tianjin E-Government), ENORTH, Jinyun, etc.

 


It is shown by the total fixed assets investment statistic data of Tianjin in the first half of 2019 that, the fixed assets investment of the whole city achieved 17.4% of growth on year-on-year basis, with the growth rate ranked the first in China. The investment in strategic emerging industry has become the new growth point. Currently, JECHO is ranked as the second investment amount among the projects under construction in Tianjin's bio-industry. No matter in the aspect of its fixed assets investment scale, or bio-pharmaceuticals as the investment orientation of strategic emerging industry, it is has attracted much attention from all levels of Tianjin's government. On July 19, the team of Tianjin News from the Important News Department of Tianjin TV visited JECHO for the current situation and development process of the enterprise.

 

First-run Time: July 22, 2019
Broadcasting Programme: Tianjin News, TJTV
Video Link


The related text in the video report is attached as below:


       

Tianjin deeply implements the spirit of the Central Economic Working Conference and gives play to the driving role of investment. In the first half of this year, the fixed assets investment of the whole city achieved 17.4% of growth on year-on-year basis, with the growth rate ranked the first in China. The investment in strategic emerging industry has become the new growth point. In the first half year, there were 1359 projects under construction in Tianjin's strategic emerging industry, with a year-on-year growth at 18. 5%. The growth of investment in bio-industry was 61.3%. With over RMB 2.5 billion of planned total investment, JECHO in Binhai New Area is the project ranked the second investment amount among the projects under construction in Tianjin's bio-industry. Currently, the enterprise's factory area in 210,000 square meters has begun to take shape, and the first phase of the project has been completed for use.

 

The featured products of the enterprise are biological agents such as recombinant proteins and vaccines, which have high requirement on transport. Even in European and American markets, the products must be transported via cold chain to the destination warehouse within 24 hours. Settled in Tianjin, backed by the port, the enterprise can deliver its products via sea transportation to northeast Asia by one day. With respect to the air transportation, the expressway network in Beijing-Tianjin-Hebei Region enables JECHO to have three options: Binhai International Airport, Capital International Airport and the Daxing International Airport under construction. The convenient transportation is one of the reasons attracting JECHO. The advantage of complete public platform has further strengthened the JECHO's confidence to make heavy investment in Tianjin.

 

The R&D of new drugs depends on trials and errors and analysis again and again. Settled in Binhai New Area of Tianjin, the enterprise can also enjoy the services from various mature platforms such as Tianjin International Joint Academy of Biomedicine, National Super Computer Center in Tianjin and so on. For example, on drug inspection and big data processing, JECHO has greatly reduced the investment in self-built laboratories. Millions of cost is saved through the quick and convenient third-party services.

 

In addition to the transportation and the cost, JECHO also takes the efficiency into account. Time is money. The continuously improving business environment in Tianjin greatly contributes to the enterprise to race against time. As early as the planning stage, the Sino-Singapore Eco-City Administrative Committee got involved in advance, and helped to prepare the approval materials and coordinated for the utility supporting facilities.

 

In the first half of this year, JECHO, MGL lithium-ion power battery, Aikosolar and other major projects in emerging industry were intensively commenced for construction in Tianjin, including 118 newly commenced strategic emerging industry projects in RMB 50 million or above, with totally RMB 64.935 billion of investment. In the first half of the year, the growth of private investment in Tianjin was 14.4%, which was 8.7 percents higher than the national average growth rate. This includes the 33.5% of year-on-year growth in private industrial investment.

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2633 Zhongbin Avenue, China-Singapore Tianjin Eco-City, Binhai New Area, Tianjin 300467, P.R.C.