The area is becoming a significant growth cluster for the automobile, electronics, and petrochemical sectors, especially with Shenyang's automotive industry, software and aircraft, Dalian attracting foreign investments in manufacturing and Qingdao for its health services.
[2][3] The Chinese central government has made it a priority to integrate all the cities in the Bohai Bay rim and foster economic development.
[4] In recent decades, petroleum and natural gas deposits have been discovered in Bohai Sea.
In 2006, the Chinese government had plans to construct 710 kilometres (440 mi) of high-speed railway in the Beijing-Tianjin-Hebei region by 2020.
The initial trains run on average 300 km/h and have cut journey times between the two municipalities to half an hour.