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Beijing builds innovation highland in Daxing district

A salon to explore building a superior business environment and international innovation highland in Beijing’s Daxing district was held on Tuesday during the 2020 China International Fair for Trade in Services (CIFTIS).

More than one hundred guests, including local government officials, representatives from foreign and domestic institutions and enterprises as well as experts and scholars, attended the event. Some attendees shared their ideas, meanwhile, several deals were signed.

Zhou Liyun, Party secretary of Daxing district CPC Committee, said at the event that, in the context of China’s unswerving expansion of opening up to the outside world, Daxing district will focus on common development, give full play to the advantages of the Beijing Daxing International Airport, and build a global industrial chain and value chain.

“The district should also be brave to pioneer and innovate, actively explore and deepen reforms, cultivate new business forms and new models of service trade,” Zhou said, adding that the district will accelerate pushing forward scientific and technological innovation, persist in openness and inclusiveness, broaden cooperation fields, and create a broader space for development and opportunities for enterprises.

In a development plan from the Beijing government, Daxing is poised to be “the new national gateway,” as it will host a demonstration zone for Beijing-Tianjin-Hebei coordinated development, a science and technological innovation leading zone, the Chinese capital’s new portal for international exchange, and a pioneer zone for deepening reforms in urban and rural development. 

The district is also developing and exploiting the encompassing airport-based economic zone and service cluster, biomedical base, new media base, and Beijing Sino-Japanese Cooperation Industrial Park to make examples for best business practices.

Cao Hongying, executive vice president of the China Association of Enterprises with Foreign Investment (CAEFI), said that Daxing district will take advantage of the free trade pilot area to continue to increase the intensity of deepening reform and opening up. With a 10-square-kilometer demonstration zone for Sino-Japanese cooperation, and with the help and support of the Beijing Daxing International Airport which has multiple logistics advantages, the district is marching towards becoming an international innovation highland.

During the signing ceremony, Wang Youguo, head of Daxing district, brokered several deals on behalf of the district with Japan’s largest comprehensive financial services company ORIX Group, the e-commerce giant, leading domestic vaccine research company Walvax Biotechnology, leading pharmaceutical company Shijiazhuang Pharmaceutical Group, China Information Industry Association, and other enterprises and institutions.

Also at the event, executives of several companies exchanged ideas and visions for the district, while nine experts were hired by the Daxing government to form an advisory committee to provide future intellectual support to the district’s Sino-Japanese cooperation demonstration zone.

The representatives agreed that Daxing district has the ability to function as a world-class gateway hub, as well as features developed and convenient comprehensive transportation networks that will aid policy breakthroughs relating to the free trade zone and the opening-up of Beijing’s service industry. In short, it has become a pole of growth for south Beijing. In the future, these companies and institutions will work together to push Daxing to become a pioneer area leading high-quality development in Beijing as well as the Beijing-Tianjin-Hebei area and even for all of China.

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