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Total output value of the automotive industry exceeds 260 bln yuan in E-Town

Updated: 2025-03-10

The high-end automobile and new energy automobile industries are the most important components with the highest proportion of output value and strong growth momentum among the four leading industries in the Beijing Economic-Technological Development Area (Beijing E-Town). In 2024, the total industrial output value exceeded 260 billion yuan ($35.91 billion), representing year-on-year growth of over 20 percent.

The recognition of enterprises and the upgrading of industries are the best proof of E-Town's persistence in strengthening, nurturing and supporting new businesses, as well as continuously exploring new paths to optimize the business environment.

Beijing E-Town addresses any demands raised by enterprises in their daily operations on a one-on-one basis, by constructing a comprehensive support system that covers businesses' entire growth cycle. This approach enables enterprises them to truly settle and thrive in the area.

Wei Hongxuan, executive vice-president of FUTURUS, has deep appreciation for E-Town's business environment.

"The inclusion of 'cutting-edge technology' in our company's name signifies our focus on innovative technologies," Wei said. “When we registered the company in 2016, after E-Town understood our technical capabilities, it creatively approved our application, essentially creating a new category for us. As our company progressed, we also benefited from various supportive policies and financial assistance provided by the E-Town, which is why we firmly decided to establish our headquarters and production base here."

Adhering to the belief that there is always room for improvement in optimizing the business environment -- striving for better but not settling for the best -- Beijing E-Town has taken the lead in piloting innovative approaches. Through streamlined approval services and enhanced operational experiences, the area has pressed the accelerator for enterprise development and project implementation, aiming to provide a more efficient and convenient environment for businesses.

Meanwhile, E-Town has focused on addressing the most critical needs of enterprises, such as innovation, talent, finance, and other key areas essential for future industrial development. Through iterative processes, the area has introduced over 40 beneficial policies in various fields tailored to meet the demands of businesses.

In the future, E-Town will continue to enhance the sense of satisfaction and fulfillment for enterprises through personalized and attentive services, paving the way for businesses to focus on production, operations, technological research and development, and the transformation of scientific achievements.