Business-friendly environment attracts over 100,000 companies to E-Town
In 2024, 11,343 new enterprises opened in Beijing Economic-Technological Development Area (Beijing E-Town), a 28.6 percent year-on-year increase and marking the first time the area drew more than 10,000 new businesses within a year.
The continuous growth in the number of enterprises in Beijing E-Town is inseparably linked to the support it provides with its high-quality services.
Beijing E-Town has made it easier and more efficient for businesses to open and operate by setting up comprehensive service windows in the government service center, enabling companies to handle all procedures offline through a single window. From submitting applications to successfully starting operations, it can be completed in as little as half a day.
The Entrepreneurship Services Zone in E-Town provides not only in-depth consultations, one-on-one guidance and customized assistance for initial startup matters -- such as free office space handling and one-stop registration -- but also offers value-added services tailored to businesses´ specific needs, including guidance on entrepreneurship and opening, tax-related declarations and registration for corporate social insurance.
In 2023, Beijing E-Town introduced the "Nine Policies for Foreign Investment". Subsequently, an upgraded version of the "Nine Policies" was released, continuously improving policy support system for foreign enterprises.
Beijing E-Town focuses on optimizing the business environment for foreign investment by enhancing services throughout business' lifecycle, promoting industrial openness and innovating institutional mechanisms. These efforts aim to support foreign enterprises in establishing a stronger presence in the area.
Beijing E-Town has also been energetically promoting the optimization of foreign-related services. Measures include launching a 24-hour bilingual (Chinese and English) foreign-related service hotline, forming multilingual volunteer service teams and installing over 2,000 standardized bilingual signs to enhance the "friendliness" of foreign-related services.
Beijing E-Town is igniting new industrial momentum with its strong technological capabilities, striving to build a model area of new quality productivity and construct an internationally first-class high-end industrial comprehensive new city. Its well-established policy support system, high-quality business services and innovative development space all serve as vivid reasons behind the increasing number of gathering enterprises.