Beijing Chaoyang District Emerges as a Global Magnet for Investment and Finance
Chaoyang District in Beijing is cementing its position as a hub for international investment and financial services through strategic initiatives under the "Two Zones" framework—the Integrated National Demonstration Zone for Opening Up the Services Sector and the China (Beijing) Pilot Free Trade Zone. Recent achievements showcase its growing influence.
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Investment Highlights
ONE
By 2025, Chaoyang District had inventoried 3,546 investment projects, with 2,199 implemented. Among these, 531 were foreign-funded, of which 327 were executed, leading Beijing districts in foreign investment. In 2024, 1,354 new projects were added, including 197 foreign-funded ones, the highest citywide. From January to November 2024, 420 new foreign-funded enterprises were established, utilizing USD 1.51 billion in capital—24% of Beijing's total.
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Global Investment Outreach
TWO
Chaoyang established eight global liaison offices in cities such as Shanghai, Hong Kong, Singapore, and London. Delegations secured commitments from entities like Mubadala, Saudi PIF, IONCHI, and MAPFRE RE Insurance. Companies like Amazon China, CITIC Prudential, and Volvo Car Finance also expanded their operations in the district.
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Growth in Financial Institutions
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By October 2024, Chaoyang housed 1,841 licensed financial institutions, including over 380 foreign entities—two-thirds of Beijing's total. Tailored policies foster openness and innovation, attracting firms like MAPFRE RE, Tesla Insurance Brokers, and Standard Chartered Securities. MAPFRE RE's establishment in July 2024 highlights Chaoyang's success in financial openness.
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Economic Impact
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In the first three quarters of 2024, Chaoyang's financial sector generated CNY 120.97 billion, 19.3% of its total output, with 7.3% year-on-year growth. Pioneering initiatives, such as cross-border cash pooling and foreign exchange innovations, further solidify its status as a financial leader.
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Vision for Innovation
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Chaoyang plans to expand its strengths in international finance, digital healthcare, AI, and audiovisual industries. Reforms in arbitration, intellectual property, and business environment aim to enhance global competitiveness. For foreign businesses, Chaoyang offers strategic opportunities in China's dynamic market and a platform for cross-border collaboration, strengthening its appeal as a global investment and financial hub.
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