Beijing's Daxing district signed contracts with 10 enterprises on March 27, finalizing projects that will exceed 10 billion yuan ($1.52 billion) in output value in the next three years. 

Beijing's Daxing district signs contracts with 10 high-end enterprises on March 27. [Photo provided by Daxing district]

The partners include an energy and chemical producer, CIMC ENRIC Holdings, an energy storage solutions provider, Enpower Energy, and Kitamoto, a firm engaged in developing ultrasonic facilities.

Another contracted company, Jihe Investment, will leverage its experience in the education industry to introduce Kingston International School to the district. Taiji Computer Co will use its digital resource advantages to establish an e-trade laboratory, while Beijing Macro-Union Pharmaceutical Co will play a leading role in domestic allergen antigens to expand investment in nutrition and health.

According to the meeting, the contracted companies will assist the Beijing Daxing International Airport Economic Zone to attract global talents and to further develop its digital economy.

The district will focus on facilitating exchanges between the government and enterprises this year. It will utilize the favorable policies of the Beijing Free Trade Zone and national integrated demonstration zone to further open the services sector.