GSTIP was founded by the government of Wuqing district, Tianjin municipality. It is 50 kilometers southeast away from Tiananmen and functions as the core starting area of Jingjin Industrial New City, which is the platform undertaking the functional transfer of Beijing. GSTIP is an expansion area of Wuqing Development Area which is a state-level economic and technological industrial zone, a state-level high-tech industrial park and a state-level self-innovation demonstration area.
The main industries of GSTIP are big data and bio-pharmacy research and development. It develops four inner parks and two professional service platforms, Big Data Industrial Park, Scientific & Technological Service Industrial Park, Bio Industrial Park, Headquarter Economy Industrial Park, Collaborative Innovative Service Platform and Huacai Net Business Maker Community. The main significant companies absorbed are SouFuncom, Yizhuang and JOINN Bio Peptide Valley, GAM Wisdom Convergence Center, etc.