In the first half of 2024, the fixed asset investment in the Beijing Economic-Technological Area (Beijing E-Town) reached 53.5 billion yuan ($7.39 billion), a year-on-year increase of 15.1 percent. Of that, 30.66 billion yuan went to industrial investment, ranking first in both the total amount and growth rate in Beijing.

The launching ceremony for the Manjiaoqiao Smart Manufacturing Base Resettlement Housing Project in Beijing

From January to June, Beijing E-Town has promoted 16 major industrial projects, including the CATL's Beijing battery factory, YDME's 12-inch project, and SinoCellTech. Meanwhile, dozens of projects have been accelerated to drive continuous growth in investment in high-end industries.

It is expected that in 2024, 44 new industrial projects will begin construction with a total investment of 161.3 billion yuan at Beijing E-Town, serving as a "powerful engine" to drive fixed asset investment.

Behind the smooth progress of each project is the continuous optimization of the business environment in Beijing E-Town, supporting the development of enterprises. Beijing E-Town leverages government investment to drive development, using urban construction and industrial enhancement as "dual engines" to enhance the region's industrial carrying capacity, continually advancing the integrated development of industry and urban areas. It intends to further provide policy support, service guarantees and project planning for the enterprises in the second half of this year.