Beijing's Pinggu district broke ground Wednesday on seven key projects valued at 3.3 billion yuan ($4.5 billion).

Among the key projects is the No. 4 Pinggu Agricultural ZGC Comprehensive Research Center. The research facility, scheduled to open in late 2026, will serve enterprises and research institutions focused on biotech breeding and incubation.

"Center No. 4 will include facilities for scientific research, technology development, pilot production, industry incubation spaces and a conference hall," said Lu Ming, deputy general manager of Pinggu Lianfu Industrial Co.

"The ultra-high pilot space will reach 11 meters in height to accommodate various pilot projects," Lu said.

Pinggu aims to accelerate more than 160 projects this year to meet its 19 billion yuan annual investment target. The district also plans to develop programs to link related industries and encourage cross-sector partnerships.

Recognizing the business environment as crucial for development, a Pinggu district official said, "We must treat entrepreneurs as family and consider their business as our own to improve the business environment."

This year, Pinggu will formulate 10 major action plans to optimize the business environment and promote reforms in the approval system for industrial projects.

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