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Beijing's sub-center pursues high-quality development

0 Comment(s)Print E-mail China.org.cn, September 20, 2024
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Beijing's sub-center in Tongzhou district is making sound progress in high-quality development, featuring solid investment, booming industries, prosperous culture and tourism, and coordinated regional development, according to officials at a recent press conference.

The sub-center has received investments of over 100 billion yuan (US$14.2 billion) for four consecutive years, said Zheng Hao, head of Tongzhou district, at the press briefing. 

The district is actively developing six industrial clusters, namely the digital economy, modern finance, advanced manufacturing, commercial services, cultural tourism, and modern seed industry, while exploring three future-oriented sectors: information, energy, and healthcare. 

In the first eight months of the year, Tongzhou district added 25,000 new market entities, leading the capital city in this regard. The financial industry has become a pillar industry of the sub-center, with over 460 registered financial institutions. 

Furthermore, 102 subsidiaries of centrally-administered state-owned enterprises have established operations in the district. In addition, the sub-center has been improving its business environment, rolling out 26 measures to facilitate high-quality industrial development. 

The new municipal administrative center has also been improving its urban layout. A highlight in urban construction is East 6th Ring Road, which connects five areas with diverse functions. Additionally, the High Line Park, currently under construction, will stretch 14 kilometers and feature running, cycling, and tourism lanes, along with over 200 public leisure zones. Upon completion, the park is expected to increase the regional greenery coverage from 50% to 80%. 

The sub-center is also focusing on developing the culture and tourism sectors. The three major cultural venues - the Beijing Performing Arts Center, the Beijing Library, and the Grand Canal Museum of Beijing - have received more than 7 million visitors so far this year. Moreover, another three major projects are under construction, including Beijing's biggest outlet shopping complex, an amusement park, and the Haichang Ocean Park, which are expected to attract tens of millions of visitors upon completion. 

The district is also advancing regional integration by building the Chaobaihe Bridge, which will connect with neighboring counties in Hebei province. The district has organized project matchmaking events with counties in Hebei for five years straight, which witnessed the signing of over 210 projects. Moreover, the district has collaborated with neighboring Hebei counties to facilitate cross-regional services for over 3,600 administrative items.

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