TEDA posted its GDP for the year 2008 rose 23.1% to 106.5 billion CNY, maintaining the leading position among all other national-level economic development zones, China Knowledge reported. The gross industrial output value increased to 373 billion CNY, up 11.3% YoY. Meanwhile, TEDA's fiscal revenue also grew 14.4% to 25.6 billion CNY, said He Shushan, director of the Administrative Committee of TEDA. Despite the negative impacts of the global financial crisis, most of the enterprises in TEDA have been in normal operations, with 185 projects to be started soon.
