Recently, Beijing held the 2022 meeting on promoting investment in the city and attracting investment and ensuring stable foreign investment for the "two zones" development, setting its investment attraction target as initiating 2,400 new projects with an estimated investment of CNY 960 billion. According to Sun Yao, Secretary of the Party Leadership Group and Director-General of Beijing Investment Promotion Service Center, Beijing will promote the implementation of major projects in a targeted manner in 2022. The Beijing Investment Promotion Service Center will work with each district to identify at least 20 target enterprises.

Statistics for Beijing's investment attraction and foreign investment in 2021 were released at the meeting. Last year, focusing on the "five key projects", Beijing obtained fruitful results in promoting and attracting investment and ensuring stable foreign investment for the "two zones" development. The "two zones" saw 3,583 new projects throughout the year, 124 percent of its expected target. The estimated investment capital reached CNY 1,402.2 billion, 115 percent of the expected target. In the entire year, 1,924 foreign companies were established, with contracted foreign investment of USD 43.71 billion, and the paid-in foreign investment totaled USD 15.56 billion, 103.7 percent of the target.

In 2022, Beijing has once again set a high target for investment attraction. Beijing plans to attract 2,400 new projects with an estimated investment of CNY 960 billion. At the same time, the Beijing Investment Promotion Service Center will work with each district to identify at least 20 target enterprises among companies in the "Global 500" and "China 500" lists and leading enterprises of key industries that suit each district's development priority to promote the implementation of major projects. In addition, the center will fulfill its responsibility to serve as a butler and liaison office to promote synergy between municipal departments and collaboration between municipal and district departments. With joint efforts, visits by municipal leaders will be organized and quality services will be provided to 220 enterprises. The Beijing Investment Promotion Service Center will also select 20 to 50 key enterprises in each district to offer them coordinated services and help solve their difficulties.

Investment promotion activities have been carried out in all districts of Beijing. Among them, Daxing District has signed contracts for six major projects serving the "two zones" development, with operating revenue estimated to exceed CNY 10 billion and tax payment expected to total nearly CNY one billion in the future, getting off to a good start in investment attraction.

(Reporter: Zhao Yuhan)