Beijing is accelerating its high-level institutional opening-up by leveraging the Integrated National Demonstration Zone for Opening up the Services Sector and the China (Beijing) Pilot Free Trade Zone, driving robust economic growth and attracting significant foreign investment, officials said.
Over the past five years, the Chinese capital has witnessed its GDP consecutively cross the 4-trillion-yuan ($590 billion) and 5-trillion-yuan marks, making it the second city in China to exceed the 5-trillion-yuan economic threshold. During this period, Beijing utilized nearly $60 billion in foreign direct investment, with an outbound investment stock of nearly $110 billion. Its total import and export volume exceeded 16 trillion yuan, and its services trade scale firmly secured a position among the top three nationwide.
"Looking at the 15th Five-Year Plan (2026-30) period, Beijing will firmly rely on the construction of the two zones to build a 'test field' for high-standard opening-up, striving to pioneer more opening-up measures in fields such as the digital economy and medicine," said Tang Wenhong, vice-mayor of Beijing.
Tang said the city aims to become a preferred destination for foreign investment by expanding market access, facilitating cross-border data flows and improving financial services, backed by tailored policy support and regular roundtable dialogues designed to address business concerns.
