Beijing will implement six major initiatives and 51 measures aimed at ensuring a strong start to the city's economic development in 2025. These initiatives will focus on improving the business environment, enhancing public services, and stimulating consumption and innovation.

One of the first major reforms of the year has already been launched in the Beijing Economic-Technological Development Area, where submissions for 77 types of documents and certificates were exempted across 139 administrative processes.

This reform is part of the city's plan to optimize the business environment in the first quarter, which will include the release of a report on Beijing's business environment improvements and the formulation of 2025 reform tasks.

The city also aims to expand the application of certificate-free processing and integrate multiple administrative services into streamlined "one-stop" solutions.

Efforts will also be made to enhance public services. These include implementing policies to promote high-quality employment, ensuring timely and full payment of wages for migrant workers, and strengthening the supply of coal, electricity, oil, and gas during the winter season. Additionally, measures will be taken to secure the supply and stabilize the prices of staple goods, as well as enhance safety inspections for natural disasters and production risks.

In 2024, Beijing's trade-in policies for consumer goods significantly boosted key industries, including personal vehicles, home appliances, and senior-friendly home modifications. In the January to November period, the city saw a 17.4% year-on-year growth in automobile manufacturing, with new energy vehicle production increasing by 250%.

A new round of trade-in policies is currently being developed and will be announced soon, according to a person in charge of the Beijing Municipal Commission of Development and Reform.

To press ahead with critical reform tasks in key areas, Beijing will focus on bolstering both supply and demand. On the supply side, the first quarter will see the launch of pilot reforms for cultural and heritage institutions, the release of funding guidelines for high-tech industrial development projects, and measures to support advanced manufacturing.

On the demand side, policies like extending visa-free stay for inbound tourists to 240 hours will promote tourism. Beijing will also launch the "Hello, Beijing" promotional campaign, increase international flights, and position itself as the first-stop destination for travelers from countries such as those in Southeast Asian, European, and along the Belt and Road route.

In order to boost consumer confidence, Beijing plans to host 141 Spring Festival-themed activities integrating culture, commerce, tourism, and sports, with full tourist infrastructure in place, from restaurants and hotels to attractions, to welcome visitors. The city will also organize major project financing activities and exhibitions, such as the China International (Beijing) Automotive Service Supplies and Equipment Exhibition.

Beijing is well-positioned for a strong first quarter, supported by national policies, a continued recovery in major industries, and the city's large consumer market. An official from the city's development and reform commission said that all districts and departments are working together to implement these initiatives, aiming to deliver tangible results quickly.

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