Zhongguancun Mode Summit was held in Beijing on Nov 6. During the summit, Yin Weidong, chairman of Zhongguancun Listed Companies Association, announced the total market capitalization of the 314 companies in Zhongguancun has reached 5 trillion yuan ($ 754 billion).

Yin said that this amount is nearly double of Beijing's GDP thanks to the combining drive of innovation and capital.

According to statistics, as of the end of October 2017, the total number of listed companies in Zhongguancun reached 314. Among them, there are 218 domestic companies and 96 overseas companies.

Since 2013, the total market capitalization of listed companies in Zhongguancun has continued to grow at an average annual growth rate of over 50 percent.