The Tianjin Economic-Technological Development Area has announced plans to create a favorable environment for conferences and exhibitions.

Under the title "Interim Provisions of Tianjin Economic-Technological Development Area on Promoting the Development of the Modern Service Sector", TEDA says these encouraging measures are designed to promote the development of conferences and exhibitions in the area and to promote the growth of various industries in TEDA by converging the flow of information, technology, capital, commodities, and human resources that come with MICE (meetings, incentives, conferences, and exhibitions) opportunities.

Through the policy, TEDA plans to give venue rental support to organizers of both brand-name exhibitions and professional exhibitions that are held in TEDA. Brand-name exhibitions refer to those held by exhibitions that are recognized or authenticated by the UFI or those with at least 300 standard booths and a certain ratio between international exhibitors and visitors. Professional exhibitions refer to those involving specific industrial fields, such as electronic information, auto and machinery manufacturing, biomedicines, new energy, new materials and circular economy.

The policy also states that the newly established professional exhibition companies and exhibition service companies will be granted certain financial support for five years after their founding in reference to their actual economic contributions, including their income tax and business tax.

Meanwhile, TEDA has also established a unified work team for conferences and exhibitions with a view to setting up a cross-department coordination mechanism so as to stabilize the personnel structure, improve efficiency, simplify procedures and fulfill various supportive jobs successfully.