The core area of Binhai New Area， Tianjin， held a collective inking ceremony of 21 projects with an investment totaling 12 billion yuan（＄1．77 billion）．

The core part， Yujiapu－Xiangluo area， has been identified as Binhai’s modern financial center for catalyzing new economic forms． It focuses on cultivating science and technology innovation bases， modern finance， the new economy， and new commerce． By 2025， the average annual GDP growth rate is expected to be over 20 percent， and provide jobs for more than 100，000 people．

The new projects are expected to help the area achieve its goals， covering the digital economy and modern finance domains and facilitating Binhai’s smart city building， internet medical care， finance leasing and more．

The Jiangxi Building， one of the projects， will be shaped into a complex gathering enterprise of Jiangxi province and will focus on headquarters economy， the digital economy， innovative finance， cultural creativity， and trade logistics．

Another key project is Baidu Smart Cloud— the Tianjin Smart Computing Center， a wholly－owned subsidiary of Baidu in the Tianjin Economic－Technological Development Area． It will facilitate a digital drive in the area， setting up a computation center， equipment and platform． The center will also provide hardware support to Baidu’s business in North China and wider regions．

The Rocket Heart Technology Company will set up a research and development base and test centers for its development of artificial hearts． Adjacent to Binhai High－speed Railway Station and Tianjin Juilliard School， it covers a land area of 9，587 square meters．