The 95th Standing Conference of Tianjin Municipal Government was held to discuss the overall plan for Binhai chemical Industrial Park.

Participants of the conference review Implementation Measures of Tianjin for Provisional Regulations of the people's Republic of China for Tax on Vehicles and Ships, and Decisions on Revising and Implementing Provisional Regulations of the People's Republic of China Governing Land Use Tax in Cities and Towns.

Dai Xianglong chairs the 95th Standing Conference of Tianjin Municipal Government yesterday, discussing and passing the Overall Plan for Binhai Chemical Industrial Park, and discussing the Overall Plan for Advanced Manufacturing Industrial Park in Binhai. Participants have also studied the 2007 Scheme of Tianjin Concerning Basic Retirement Pension Adjustment for Retired Workers in Enterprises for Approval, reviewed the Implementation Measures of Tianjin for Provisional Regulations of the People's Republic of China for Tax on Vehicles and Ships, and Decisions on Revising and Implementing Provisional Regulations of the People's Republic of China Governing Land Use Tax in Cities and Towns. Leaders from the municipal government including Huang Xingguo and Yang Dongliang attended the conference.

According to the conference, Binhai Chemical Industrial Park is one of the eight functional areas for pushing for the development of Binhai New Area. It is of great significance to well devise the Overall Plan for Binhai Chemical Industrial Park in terms of realizing the functional position of Binhai and building it into a high-level petrochemical industrial park. With nearly a century of history, Tianjin’s petrochemical industry plays a crucial role in the development of local economy, further supported by multiple favorable conditions and comprehensive advantages like unique location, market, talents and industrial clustering. The construction of Binhai Chemical Industrial Park shall be guided by the outlook of scientific development, the concept of cyclic economy and the goal of building Binhai into a first-class base for modern manufacturing and R&D transfer. According to the plan, it will take about a decade to establish an effective petrochemical ecological and cyclic economic industrial system with unique features, and develop the park into an important industrial functional area supporting the development of Binhai, as well as an environmental-friendly petrochemical base at the state level capable of sustainable development.