A POPULAR INVESTMENT DESTINATION FOR WORLD GIANTS
Of course, Novo Nordisk is not the only multinational giant to pick Tianjin as its favorite investment place. The coastal municipality, after successfully holding the 2008 and 2010 Summer Davos, is drawing more attention from global giants in various fields.
According to official figures, Tianjin's annual utilization of foreign capital increased from 2.56 billion dollars before China's WTO accession to 10.8 billion dollars at present. Over the past decade, the overall amount is 51.1 billion dollars.
During the ten-year period, Tianjin witnessed an influx of international high-tech projects, which promoted the upgrading and reform of its industrial structure, increasing the output of its high-tech industries by more than 10 percent.
Looking ahead into the next 10 years, Tianjin will better illustrate the connotation of "win-win" cooperation between China and the world. Just like what "Go Believe" denotes, Tianjin is and will always be a "believable" market for global businesses.
