As far as natural resources are concerned, Tianjin has very rich reserves of petroleum and natural gas in BohaiandDagang. Annual output of crude oil can reach 10 million ton while that of gas is 900 million cubic meters.
It is also verified that the reserve coal is over 30 million tons. Other minerals include Manganese, gold, copper, Tungsten, etc, most of which are of extraction value. The 150 kilometer coastal line enables to produce 2.38 million tons of crude salt, about 1/10 of the overall production in China. Subterranean heat resources are also very rich in Tianjin. The temperature of water ranges from 30Cto90C. Besides, there are over 200 square kilometers of waste land with good transportation and low development cost, which will fuel up the development of the city in the future.

Tianjin is the cradle of modem machinery and weaving industry in China. Dozens of industrial zones and areas were set up since the founding of RPC, which topped Tianjin among most other Chinese cities. Famous products like Beijing brand TV, Flying Pigeon brand bike and Seagull brand watch can fully represent the glory of Tianjin industry in the past. Since the reform and opening up, the traditional industrial base began to take a new look. Electronic information, biological technology, modern medicine and new power and other new and high technology began to develop in this city. In 1980, Tianjin was appointed as a model city of opening up and reform. By the end of 2004, over 118 countries and regions have made investment in Tianjin setting up 16 thousand of enterprises. 106 of the top 500 businesses have set branches in Tianjin. The harbor of Tianjin is the biggest artificial depth harbor of China and the biggest harbor in the north of China. There are the biggest wharf cluster of containers and the biggest wharf appropriate for bulk food and coke in China. The new coastal area, consisting of the Tianjin Port, Tianjin Economic and Technology Development Area and Tianjin Bonded area, has attracted a lot of world famous businesses. The new coastal area has become the landmark of opening up. In the past decade, GDP in Tianjin has been growing constantly by 12.5 percent and Tianjin is becoming a fast growing economic zone.

Tianjin is a famous cultural and historical city, and it is also the origin of arts and culture in north China, therefore, it is always regarded as the “cradle of drama”, “hometown to arts”. Professional art organizations include Peking Opera, Pingju Opera, Hebei Bangzi (a Chinese local opera), modern drama, dance symphony etc. Museums in Tianjin have housed over 6,000 valuable relics. Folk arts in Tianjin are also very impressive, such as New Year Pictures, Clay Zhang Figures, Kites Wei and “Sculpture Liu” brick sculpture, some of which are introduced in Chinese lessons. Tianjin is at the same time a very modern city. The 415.2 meter high TV tower, first rate stadium, largest book store can fully represent the development of Tianjin.