The Tianjin International Cruise Home Port is the largest port for cruise ships in North China. It accommodated 96 international cruise ships and served 430,000 passengers last year. [Photo provided to China Daily]

Innovative measures facilitate trade, open financial industry

The Tianjin Pilot Free Trade Zone has become a new magnet for investors, thanks to its innovative measures to facilitate investment, according to a local official.

Jiang Guangjian, deputy chief of the zone's administrative committee, said the free trade zone implemented 123 new measures by the end of 2015.

The Tianjin Pilot Free Trade Zone was officially launched on April 21, 2015, aiming to pilot reforms to be adopted nationwide, especially in Beijing and Heibei province.