Yujiapu Financial District (simplified Chinese: 于家堡金融区; traditional Chinese: 于家堡金融區; pinyin: Yújiāpù Jīnróng Qū; also Yujiabao) is a central business district currently under construction in the Binhai New Area of Tianjin.
From the air, the whole Yujiapu region is shaped like a "pocketbook", is the upper hand in Sheung Shui land.
One local was quoted as saying “All of these tall buildings just appeared.” In addition the "area is prone to flooding from storm surges and heavy rain" as it is “built on coastal salt flats just a few inches above sea level.. as a local resident told the Times in 2012, after nasty weather… “you had to roll up your pants and take off your shoes to walk across the street.”[5] As of 2015, construction was halted on many projects as the builders packed up and left the city, as the $50 billion project was heavily in debt.
In 2019, some government functional agencies of the Tianjin Economic and Technological Development Zone Administrative Committee moved to Baoxin Building in Yujiapu.
There are a number of substantial buildings under construction on the peninsula,[citation needed] including: Across the bridge in the Xiangluowan Business District there are a number of buildings, including:[citation needed] Note also the Yujiapu Free Trade Zone.