Beijing’s Chaoyang district government has reported that, in the first half of the year, it focused on the business service, finance, high-tech, and cultural creative industries through a "Quality Upgrade" and, as the regional economy improved, the GDP reached 203.88 billion yuan for a growth of 8.3 percent. Next, the district will follow the city’s new industry directory and set a threshold on environmental pollution.
New Industry Directory to shut down heavy polluters and set rural environmental standards
The district did a complete review of industries that did not follow city planning and speed up industrial changes and to urge the Siyuanqiao Auto Parts Center and five other markets to leave the city, while 13 other heavy polluters will have to leave sometime this year. The district says it will implement Beijing’s Prohibitions and Restrictions for New Industries and find a better way to urge industries that do not comply to move out and it will not allow in any more specialized markets, heavy-polluting high-energy-consuming industries, warehousing, logistics bases, and renewable resource recyclers.
A district government spokesperson said, "We've established ‘three thresholds’ in relation to the environment, which will reduce pollution: one will control products that consume energy and resources and pollute heavily, and have excess production capacity, and will not allow projects that do not meet standards; another will put controls on the amount of pollutants and increase production and reduce pollution by shutting down polluting enterprises and replacing them with clean energy; and the third will improve environmental impact assessments and develop an expert review and check-up mechanism to make the assessments effective."
The district will promote industrial optimization in rural areas and increase industrial links by working with Dongba, the CBD-Dingfuzhuang international media corridor, Fatou, and other areas, and with 10 development bases to increase structural adjustments, the rural economy, and sustainable development in rural areas. Next, it will clarify regional development, land use and storage standards in rural areas and see to it that those standards are met in the following new industries: one, culture, science and technology, the mobile Internet, social media and digital publishing; two, technology, intellectual property rights, technology trading; three, Internet financing and risky investments.
Upgrading major Industries and increasing regional HQ of multinationals in the district
The district now has the headquarters of Reckitt Benckiser (China) Investment Co, AGCO (China) Investment Co, and three others, and helped Phoenix Flying (Beijing) New Media Information and Technology C and others set up regional HQ, for a total of 103 regional headquarters of multinationals, accounting for 70 percent of Beijing’s total. A Chaoyang Development and Reform Commission spokesperson explained, “Real estate, wholesale and retail, and other traditional industries in the district have been declining, while finance, culture and creativity, high technology and other top industries are developing fast.”
In the first half of this year, income from the district’s new energy industry showed year-on-year growth of 36 percent, while that of the electronic information industry was up 32 percent, high-tech industry profits grew 45.1 percent, business services by 8.9 percent, and culture and creativity, 14.4 percent. The district has five national culture and creativity industrial bases, accounting for around 60 percent of the city’s total, and eight municipal industrial agglomeration zones.
The four major industries keep growing and the district is becoming more prominent and important for the integrated development of the cities of Beijing and Tianjin and Hebei province. Beijing’s business district has been bringing in the world’s top 500 enterprises and international financial institutions, and in the first half, introduced 84 enterprises with more than 1 billion yuan in investment. In addition, it has 43 buildings, whose taxes exceed 1 billion million yuan each and four projects under construction in the core area. And the electronic center has four projects completed, increasing its revenues by 23.5 percent.
Reforming administrative and approval system and setting up administrative service center
Under the Twelfth Five-year Plan, the district has developed 20 promotional policies to improve industrial support, its service environment, its action plan for key industries, and its real estate economy, and to encourage enterprises to get listed. It is also improving its foreign exchange reforms and policies for multinationals and now has 16 enterprises taking part in foreign exchange reforms. At the same time it is improving government services to create a good investment environment and has sped up reforms in its evaluation and approval system, established an administrative service center, found ways to promote economic development, looked for better ways to handle its investment project approval process, provided more convenient services for enterprises, and improved its fixed assets investment approval process. In addition, it has reformed its industrial and commercial registration system, expanded the range of registered capital and has 21,000 newly registered enterprises, for a growth of 43.5 percent year-on-year.
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