The commercial logistics development index of the Beijing-Tianjin-Hebei region reached 52.17 percent in the first quarter of this year, marking a year-on-year growth of 0.15 percent.
Tianjin recently imposed a total fine of 362 million yuan ($50.4 million) on four companies and an individual for colluding to inflate drug prices and harm public interests, according to a report by China Central Television on Friday.
The "Invest in Tianjin" Singapore special promotion event, hosted by the Tianjin municipal people's government, was held at the Shangri-La Hotel in Singapore on May 9. The event brought together over 80 representatives from government agencies, key business associations, and enterprises from both cities.
Exports from the Beijing-Tianjin-Hebei region soared to a record high in the first five months of this year, driven by strong private sector performance and surging high-end equipment sales, according to Beijing Customs data.
With economic growth sluggish and unilateralism and trade protectionism gaining ground, the multilateral trading system is facing significant challenges. The 16th Annual Meeting of the New Champions, which is being held in Tianjin from Tuesday to Thursday, provides a platform for fostering exchanges between China and the global community to boost practical cooperation.
Cargo ships carrying large Airbus A320 aircraft components arrived at Tianjin Port earlier this month, before being transported to the European aircraft manufacturer's final assembly line in Tianjin's Binhai New Area, where they will be assembled into passenger aircraft ready to take to the skies.
In the first quarter, Tianjin Port handled 5.713 million twenty-foot equivalent units of containers, up 5.6 percent year-on-year and hitting a record high for the same period. Cargo throughput reached 119 million metric tons, up 1.4 percent year-on-year.
The municipality of Tianjin has been making headlines this month for a slew of breaking news.
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