TIANJIN, Feb. 27 (Xinhua) -- North China's Tianjin has seen more Beijing-based companies pouring investment in it as the implementation of the "Jing-jin-ji" strategy gains momentum.

A prominent task of the "Jing-jin-ji" strategy is to move the non-capital functions out of Beijing to treat "urban ills" in the national capital, such as traffic jams and pollution. "Jing-jin-ji" refers to Beijing, Tianjin, and Hebei Province.

Tianjin Economic-Technological Development Area (TEDA) said it attracted 453 companies from Beijing to start up projects last year, with investments totaling 60 billion yuan (about 8.95 billion U.S. dollars), accounting for 40 percent of the total investment projects at TEDA for the year.

An array of top quality corporations from Beijing covering fields of robotics and high-end equipment manufacturing settled in TEDA in 2018.

In 2017, TEDA signed contracts with Beijing enterprises for launching nearly 400 projects, with the combined investment amounting to 66.4 billion yuan. Ride-hailing giant Didi Chuxing and JD Finance, a subsidiary of China's leading e-commerce platform JD.COM, also invested or settled in TEDA.

Over the past five years, under the coordinated development of Beijing, Tianjin and Hebei, more than 3,200 Beijing enterprises have registered in the China-Singapore Tianjin eco-city, a cooperative program between the two countries.

Data showed that from 2014 to 2018, Tianjin had received over 640 billion yuan of investment from enterprises in Beijing, accounting for 40 percent of the total domestic investment the city received. Enditem

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