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Beijing E-Town signs projects worth over 27 billion yuan

Updated: 2023-05-31

Beijing Zhongguancun Forum held the "Invest Beijing Global Summit" event on May 26. 

The event demonstrated Beijing's openness and development opportunities. It created a window for high-level opening to the outside world and provided important support for promoting the high-quality development of the capital's economy. 

Beijing E-Town shared experiences, signed major projects, and showcased high-end industrial aggregation and the technological innovation business card of Beijing E-Town to the world.

A group of well-established companies have deepened their roots here, while numerous new enterprises continue to settle and develop. 

Beijing E-Town has so far attracted more than 80,000 companies from over 40 countries worldwide, forming 400-billion-level industrial clusters in automobiles, biomedicine, industrial internet, and new-generation information technology.

Since the construction of the "Two Zones," Beijing E-Town has focused on strengthening the four leading industries, optimizing high-end services and the integration of science and culture, vigorously developing the digital economy, continuously reforming and innovating the business environment.

During the event, Beijing E-Town signed a total of 15 projects with a total investment amount of 27.935 billion yuan. They cover four leading industries, namely, new-generation information technology, high-end automobiles and intelligent connected vehicles, biotechnology and health, robotics and intelligent manufacturing, as well as emerging industries such as new energy and the digital economy.

The summit focused on the strategic positioning of the capital's urban functions and industrial orientation, and released 10 bilingual Chinese-English investment promotion support "policy service packages" to investors. 

This aimed to address the obstacles of domestic enterprises in not being able to find or accurately understand the vast amount of support policies, as well as the pain points of foreign companies' foreign executives being unable to read or understand them. 

This would facilitate domestic and foreign investors in quickly understanding the support policies of the Beijing municipal and district governments in industrial development, fund incentives, land guarantees, talent settlement, and enterprise services.