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E-mail China.org.cn, February 21, 2025
Over the past 11 years of coordinated development, the Beijing-Tianjin-Hebei region has crossed six trillion-yuan milestones in GDP.
In 2024, the region’s GDP reached 11.5 trillion yuan ($137.9 billion), more than doubling that in 2013; the economic growth rates of the three logged 5.2%, 5.1%, and 5.4%, respectively, all exceeding the national average.
Over the past 11 years, Beijing has fueled growth in high-tech industries, with the proportion of new market entities in sectors like technology and commerce rising from 40.7% to 67.7%.
Xiong'an New Area, located over 100 kilometers from Beijing, has seen an investment of 835.4 billion yuan since its establishment in April 2017. A total of 4,792 buildings have been constructed, with some housing companies, hospitals, and universities from Beijing.
The coordinated development has also promoted collaboration in technological sectors.
For instance, a technological industrial park in Tianjin has adopted Beijing's Zhongguancun pilot policies, enabling resident companies to benefit from the same support that businesses in Beijing's tech hub enjoy.
In the 11 years, Beijing's technology transfer to Tianjin and Hebei has grown exponentially, with the transaction volume increasing from 7 billion yuan to over 84 billion yuan.
New transportation infrastructure is now underway to enhance connectivity. An airport express from Xiong'an to Beijing’s Daxing airport is being built, alongside other railway and highway expansions.
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