The GDP of the Beijing Economic-Technological Development Area increased to over 200 billion yuan ($31 billion) in 2020, maintaining an average annual growth rate of more than 9 percent since 2016, local officials said.

"During the 13th Five-Year Plan period (2016-20), the area has pushed constantly in terms of reform and high-quality development, playing a bigger role in serving the real economy in Beijing," said Kong Lei, deputy director of the administrative committee of the area.

"The area has achieved a great increase in its comprehensive economic strength," Kong said.

Between 2016-20, the output value of companies with annual revenues of more than 20 million yuan in the area increased from 284.25 billion yuan to nearly 433 billion yuan, accounting for 22 percent of the city's total. Its industrial added value accounted for 30 percent of the capital's total, ranking top in the city.

Over the past five years, the Beijing Economic-Technological Development Area's high-end and new energy automobile industry has increased in size by 50 percent. The new-generation information technology has grown 31 percent, and the biotechnology and healthcare, and robotics and intelligent manufacturing industries have grown 40 percent and 22 percent respectively, according to Kong.

In addition, the area has achieved a new level of the integrated development of industry and city over the past five years.

In 2019, the development area became the only one of its kind to have participated in China's pilot zero-waste cities campaign across the country.

Revolving around the commercialization of high-end scientific technological achievements, the area has spared no effort in expanding channels and promoting relevant services during the 13th Five-Year Plan period.

It has cooperated with Zhongguancun Science Park and Haidian district to build a base for commercializing sci-tech achievements by providing support including funding and platforms.

In terms of promoting innovation with enterprises, universities and research institutes, the area has built 23 technology innovation centers, 59 public technology service platforms and 14 test bases for new products. It has also set up a fund for scientific and technological innovation, valued at 5.5 billion yuan.

Last year, the area helped seven high-tech innovation companies including JD Health, Immunotech Applied Science and Youcare Pharmaceutical Group to get listed on stock exchanges.

Currently, the area is home to a total of 31 publicly traded companies with a market value of about 3.9 trillion yuan.

"With constant efforts over the past five years, the area has achieved greatly in the science and technology innovation," Kong said.

During the 13th Five-Year Plan period, the area won five national science and technology awards and 45 science and technology awards from the Beijing city government.

It has put 52 scientific and research findings into production, using a total investment of 43 billion yuan. It has welcomed more than 1,200 national-level high-tech companies, more than double that at the end of the 12th Five-Year Plan period (2011-15).

During the same period, the area developed 113 new products and 116 new technologies, including the world's first intelligent electricity-driven shift system for new energy vehicles.

In the next five years, the area will continue to make breakthroughs in core technologies and strengthen chains incorporating industry, innovation, capital and policies, and thus build itself as a pilot demonstration zone for technology innovation and the commercialization of scientific and technological achievements, Kong said.

By 2025, the GDP of the area is expected to exceed 300 billion yuan and its industrial output value is projected to surpass 800 billion yuan, according to its plan.