Last update date 12 November 2021
Under the Circular Economy Pilot Cities projects, the Chinese government aims to build 'Eco-cities' that benefit from combining the cluster approach, green transformation, and socioeconomic development. For instance, one of the pilot cities in China, Tianjin is a collaboration effort between China and Singapore to jointly carry out research on green development (e.g. renewable energies, circular economy, sustainable transport) and bring together businesses in Tianjin that focus on areas such as information technology, energy conservation, environmental protection, R&D, and culture and creativity. The planning and development of the Sino-Singapore Tianjin Eco-city is guided by a comprehensive set of Key Performance Indicators (KPIs) covering its ecological, economic and social development. In 2018, the approx. 7,000 businesses registered in Tianjin had a total capital of EUR 35.3 billion.