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Zhongguancun shines at Beijing Investment Fair

chinadaily.com.cn | Updated: Sep 14, 2017 L M S

The 9th Beijing Investment Fair was held in the national capital on Sept 5, attracting more than 700 companies and organizations from home and abroad to attend.

The fair witnessed contracts for 15 key investment projects signed at a total value of 25.18 billion yuan ($3.89 billion). The Haidian district of Beijing attracted three projects during the fair.

Chinese electric car start-up NextEV will invest over 2 billion yuan in the Haidian district's Zhongguancun Science Park to set up an R&D and operations headquarters.

The 9th Beijing Investment Fair kicks off in Beijing on Sept 5. [Photo by Sun Muyao/chinadaily.com.cn]

This year's fair drew investments in the fields of new and high technologies, efficient manufacturing services and high-value cultural and creative industries, which hope to accelerate the city's supply-side structural reform.

Ma Peihua, vice-chairman of the Chinese People's Political Consultative Conference National Committee, encouraged visiting investors and companies to seize the opportunity to invest in Beijing's high-end projects.

Key projects are signed during the 9th Beijing Investment Fair on Sept 5. [Photo/zhsp.gov.cn]

The fair highlighted science cities in Zhongguancun, Huairou and Changping, innovation-based clusters, the demonstration area for "Made in China 2025" and two cultural and creative projects.

The fair is a professional platform serving domestic and overseas investors and companies, and the only major economic event to promote social and private investment in Beijing.

The booth for the Haidian district government attracts investors during the 9th Beijing Investment Fair. [Photo/zhsp.gov.cn]

Edited by Zachary Dye