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Investing in Beijing

Beijing is the capital of China and a municipality located in Northern China surrounded by Hebei Province. Beijing is acknowledged to have economy strongly based on services, in particular IT, financial and R&D. The municipality is also well-known for the development of a modern and efficient tertiary sector and creation of advanced centers for research and technological innovation. Beijing is the world’s most populous capital city with a population of 21.8 million inhabitants covering a total surface area of 16,808 km2.

Local authority data shows that Beijing Province recorded total exports of USD 67 billion and total imports of USD 0.28 billion, with 32,306 established foreign investment companies. In addition to an average urban salary of USD 22,029.

In terms of GDP among the provinces in China, Beijing ranked 13th, reaching USD 523.17 billion in 2020 and USD 508 billion in 2019 with a GDP per capita of USD 24,293. Along with GDP growth of +6.1% in 2019 and +1.2% in 2020.

Main Economic Centers (GDP) in Beijing

  • Haidian (USD 123 billion)

  • Chaoyang (USD 93 billion)

  • Xicheng (USD 73 billion)

  • Dongcheng (USD 43 billion)

  • Daxing (USD 14 billion) 

Main Sectors in Beijing

  • Automtive

  • R&D

  • New materials

  • Healthcare

Main Industrial Areas in Beijing

  • Beijing Pilot Free Trade Zone