Tongzhou's GDP grew at an average annual rate of 9 percent over the past decade to hit 159.42 billion yuan ($2.37 billion) in 2021, according to a government news conference held on Aug 5.

The industrial added value in Tongzhou was 67.71 billion yuan that same year, 2.1 times the figure from a decade ago, noted the Tongzhou Commission of Development and Reform.

Over the past decade, Tongzhou district has welcomed 20 listed companies as well as major projects by Global 500 companies and State-owned enterprises. Among these projects, over 300 projects are each worth over 100 million yuan.

The district is presently home to over 200 industrial enterprises above designated size that have a combined output value accounting for 35.7 percent of the total. New generation technology information, motor vehicle and auto parts, and intelligent equipment are the three key industries in the district.

Tongzhou has also been promoting the transformation and upgrading of traditional industries. The home textile industry in Tongzhou, which has an annual trading volume exceeding 100 billion yuan, has been accelerating its transition into a more modern industry powered by cutting-edge technology.