Key Industries For Foreign Investment In China's Beijing
Key Investment-attracting Industries
According to the requirement of perfecting Beijing’s service-oriented economy, during “the11 th Five-year Plan” period, the overall idea for theuse of foreign capital is: further perfecting foreign relatedlaws and regulations, vigorously improving the investment environment, in particular the soft environment, implementing the investment diversification strategy, and strengthening Beijing’s ability of attracting foreign investment; relying on modern manufacturing and high-tech industries, we will take modern service industry as the support, put emphasis on dilapidated houserebuilding, infrastructure, environmental protection and give the leading position to Zhongguancun Science & Technology Park, Beijing Economicand Technological Development Zone, CBD and Tianzhu Export Processing Zone. With guaranted scale of foreign investment, we will enhance the quality of foreign investment utilization.
(1) Electronics and IT Industry
(2) Automobile Industry
(3) Petrochemical New Materials Industry
(4) Biological Engineering and Pharmaceutical Industry
(5) Advanced Equipment Manufacturing Industry
(6) Urban Industry
According to the principal of “environment friendly, safe, quality, intensive and efficient”development and the objective of improving ecological environment and raise farmers’ income,Beijing will strengthen agricultural restructuring,optimize production layout, and improve the overall productivity, social service and ecological protection capacity of modern agriculture.
(1) Accelerate the building of logistics distribution systems and whole sale groups to enhance the organization of distribution in Beijing.
(2) Accelerate the construction of large shopping malls to promote commercial development in Beijing.
(3) Accelerate the introduction of renowned specialty stores and franchise stores to enrich characteristic operation markets.
(4) Accelerate the construction of convenience stores to make life more convenient.
(5) Accelerate transformation and construction ofthe food industry to enhance the catering industryas a whole.
(6) Build new living-oriented service industries to raise the standard of living.
(7) Accelerate construction of the businessin formation network to promote the development of e-commerce.
5. Financial Insurance Industry
Beijing’s financial market will be more globalized and diversification of financial institutions, financial products and services will be accelerated. Efforts will be made to strengthen the leading position of its insurance industry in the country; various types of insurance agencies will be attracted to do business in Beijing. Domestic-funded insurance companies will be encouraged to cooperate with foreign-funded financial institutions and insurance agencies will be further regulated.
6. Social & Cultural Undertakings
Beijing will give full play to its outstanding position as a national political and cultural center,and strive to make breakthrough in culture,education (including academic and non-academic education), medical care and other fields.
7. Environmental Protection Industry
Beijing will focus on sewage treatment, waste disposal and urban water supply networks, studyand formulate relevant policies on cross-border merger and acquisition as well as methods of foreign capital introduction, and build a north environmental protection industrial base. It will encourage foreign investment into city road construction and tendering for environmental projects such as drainage, sewage treatment, and waste disposal, and absorb foreign investment into the building of Olympic venues and related facilities.
Beijing will further adjust the prices and charging standards of urban infrastructure projects, establish a compensation fund system, open up operational infrastructure, provide investors with financing coordination services, and attract foreign investors to participate in urban infrastructure construction projects.
-----by China's Ministry of Commerce
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