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
Beijing Economic and Technological Development Zone
Zhonghuancun Science Park
Haidian Park (Zhonghuancun Science Park)
Desheng Park (Zhonghuancun Science Park)
Changping Park (Zhonghuancun Science Park)
Fengtai Park (Zhonghuancun Science Park)
Electronic City (Zhonghuancun Science Park)
Yizhuang (Zhonghuancun Science Park)
Shijingshan Park (Zhonghuancun Science Park)
Daxing Biomedical Base (Zhonghuancun Science Park)
Beijing Tianzhu Comprehensive Bonded Zone
(Beijing) Pilot Free Trade Zone
Established in 2020 known as a leading area for Innovation with global influence.
With a purpose to promote the coordinated development strategy of the Beijing – Tianjin – Hebei region to support the construction of an innovation center with global influence. It is a leading area for the expansion of trade in services and digital economy.
The target industries are digital innovation, financial services, service trade innovation. Besides, the functional areas include the Technology Innovation area (31.85 sq. km), International Business Service area (48.34 sq. km), and High-end Industrial area (39.49 sq. km).