What achievements has Shijingshan District made in economic and social development in 2024? Check this article for details!
In 2024, the GDP of Shijingshan exceeded CNY 130 billion, with its growth rate exceeding that of the other five urban districts. In addition, Shijingshan achieved multiple firsts in 2024, such as a 10.1-percent year-on-year growth in general public budget revenue at the district level, the fastest in the city; a 4.5-percent increase in fixed asset investment and a 39 percent-increase in equipment procurement investment, with government investment performance securing "championships citywide for three consecutive years"; as well as a 5-percent growth in total retail sales of consumer goods, also ranking first in the city.
In 2024, the quality and efficiency of development in Shijingshan continued being improved. The added value of the tertiary industry accounted for over 90 percent of the regional GDP, while the added value of the two leading industries accounted for 55.5 percent of the regional GDP. The added value of the digital economy accounted for over 55 percent of the regional GDP. In addition, five companies were shortlisted for the "Top 50 Large Model Enterprises in 2024", and 14 companies made way to the "Top 50 VR Companies in China" in 2024.
In 2024, the business environment in Shijingshan continued being optimized. A total of 120 reform tasks for improving the business environment were fully completed, 13 preferential policies for enterprises were introduced, and 1,535 enterprise appeals were efficiently addressed throughout the year. The optimized environment has made it easier for enterprises to pursue industrial transformation and business growth. In 2024, 2,213 high-end, precision and cutting-edge enterprises established their presence in the district, a number indicating a year-on-year increase of 12.3 percent. The total number of market entities in the district reached 70,000, including nearly 1,000 national high-tech enterprises, 500 innovative small and medium-sized enterprises (SMEs). Notably, the number of the national-level specialized, high-end and innovation-driven SMEs that provide distinctive products or services increased to 20, while the number of municipal-level ones increased to 380.
In 2024, Shijingshan launched major initiatives in many fronts such as driving consumption, accelerating industrial transformation, and urban renewal.
In terms of driving consumption, seven equipment purchase subsidy campaigns were approved, and the trade-in incentives for bulk consumer goods were launched. The district distributed automobile consumption vouchers worth CNY 30 million, boosting consumption by nearly CNY 2.3 billion. The "Surprises in Western Beijing" brand was created, and the city's first "Yonghui-Pandonglai" supermarket sparked a consumption boom in western Beijing.
To accelerate industrial transformation, Zhongguancun Shijingshan Park has innovated its development model, and its sci-fi industry cluster is now home to over 200 sci-fi enterprises and institutions, which accounts for nearly one third of the city's total number of sci-fi companies. Zhongguancun Virtual Reality (VR) Industrial Park now has more than 120 upstream and downstream players. The construction of a modern industrial system is accelerating, with the information technology and modern finance industries gaining more momentum. The first batch of 200P computing power was launched, and the first phase of the 3000P ultra-intelligent computing project was initiated. The industrial Internet sector is beginning to take shape, with two companies chosen as national industrial Internet pilot demonstration programs, which are expected to rake together in an industry revenue of CNY 11 billion.
While speeding up and enhancing the construction of new landmarks, Shijingshan has also been effectively proceeding with the renewal of its old urban areas. The venue for the China International Fair for Trade in Services (CIFTIS) (version 4.0) has been completed, and Shougang Park has been included in the sixth batch of the National Industrial Heritage Sites and as a typical case of National Industrial Heritage Protection and Utilization. The approval process for the utilization of old factory buildings has been streamlined, with the implementation of organic renewal projects such as the Bawei-Beiguo project. The main structure of the Pingguoyuan comprehensive transit hub has been basically completed, and the branch line of Subway Line 1 (Shijingshan section) and the overall enhancement project of S1 Line (western section) have commenced. A total of 15 roads, including Yamenkou West Road, have been opened for traffic.
(Source: AI Shijingshan)
In 2024, the GDP of Shijingshan exceeded CNY 130 billion, with its growth rate exceeding that of the other five urban districts. In addition, Shijingshan achieved multiple firsts in 2024, such as a 10.1-percent year-on-year growth in general public budget revenue at the district level, the fastest in the city; a 4.5-percent increase in fixed asset investment and a 39 percent-increase in equipment procurement investment, with government investment performance securing "championships citywide for three consecutive years"; as well as a 5-percent growth in total retail sales of consumer goods, also ranking first in the city.
In 2024, the quality and efficiency of development in Shijingshan continued being improved. The added value of the tertiary industry accounted for over 90 percent of the regional GDP, while the added value of the two leading industries accounted for 55.5 percent of the regional GDP. The added value of the digital economy accounted for over 55 percent of the regional GDP. In addition, five companies were shortlisted for the "Top 50 Large Model Enterprises in 2024", and 14 companies made way to the "Top 50 VR Companies in China" in 2024.
In 2024, the business environment in Shijingshan continued being optimized. A total of 120 reform tasks for improving the business environment were fully completed, 13 preferential policies for enterprises were introduced, and 1,535 enterprise appeals were efficiently addressed throughout the year. The optimized environment has made it easier for enterprises to pursue industrial transformation and business growth. In 2024, 2,213 high-end, precision and cutting-edge enterprises established their presence in the district, a number indicating a year-on-year increase of 12.3 percent. The total number of market entities in the district reached 70,000, including nearly 1,000 national high-tech enterprises, 500 innovative small and medium-sized enterprises (SMEs). Notably, the number of the national-level specialized, high-end and innovation-driven SMEs that provide distinctive products or services increased to 20, while the number of municipal-level ones increased to 380.
In 2024, Shijingshan launched major initiatives in many fronts such as driving consumption, accelerating industrial transformation, and urban renewal.
In terms of driving consumption, seven equipment purchase subsidy campaigns were approved, and the trade-in incentives for bulk consumer goods were launched. The district distributed automobile consumption vouchers worth CNY 30 million, boosting consumption by nearly CNY 2.3 billion. The "Surprises in Western Beijing" brand was created, and the city's first "Yonghui-Pandonglai" supermarket sparked a consumption boom in western Beijing.
To accelerate industrial transformation, Zhongguancun Shijingshan Park has innovated its development model, and its sci-fi industry cluster is now home to over 200 sci-fi enterprises and institutions, which accounts for nearly one third of the city's total number of sci-fi companies. Zhongguancun Virtual Reality (VR) Industrial Park now has more than 120 upstream and downstream players. The construction of a modern industrial system is accelerating, with the information technology and modern finance industries gaining more momentum. The first batch of 200P computing power was launched, and the first phase of the 3000P ultra-intelligent computing project was initiated. The industrial Internet sector is beginning to take shape, with two companies chosen as national industrial Internet pilot demonstration programs, which are expected to rake together in an industry revenue of CNY 11 billion.
While speeding up and enhancing the construction of new landmarks, Shijingshan has also been effectively proceeding with the renewal of its old urban areas. The venue for the China International Fair for Trade in Services (CIFTIS) (version 4.0) has been completed, and Shougang Park has been included in the sixth batch of the National Industrial Heritage Sites and as a typical case of National Industrial Heritage Protection and Utilization. The approval process for the utilization of old factory buildings has been streamlined, with the implementation of organic renewal projects such as the Bawei-Beiguo project. The main structure of the Pingguoyuan comprehensive transit hub has been basically completed, and the branch line of Subway Line 1 (Shijingshan section) and the overall enhancement project of S1 Line (western section) have commenced. A total of 15 roads, including Yamenkou West Road, have been opened for traffic.
(Source: AI Shijingshan)