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In Q2, Beijing launched a total of 47 projects regarding the high-end, precision and sophisticated industries, speeding up the development of the "Two Zones".

According to Beijing Municipal Development and Reform Commission, in 2021, Beijing will focus around the functions of "three areas and seven clusters" and strengthen the management of checklists for policies, space resources, and targeted companies. The municipality will also introduce and implement a batch of iconic, leading, and pioneering projects.

In the Haidian Cluster, global solicitation has been launched to call for high-quality designs of the permanent site for Zhongguancun Forum. Construction projects for innovative headquarters, such as the Bytedance Headquarters Industrial Park, are also making headway. In the Changping Cluster, the construction of a research-based international medical industry transformation platform for Zhongguancun Life Science Park has sped up and other projects like Nord-Huanyu and DIA have been introduced and implemented. In the Chaoyang Cluster, construction of the Minsheng Bank Building is underway, and the Taikang and Sunshine construction projects in the northern CBD core cluster will be completed by the end of 2021. The Shunyi Cluster is establishing a comprehensive bonded zone for trade in services, and will accelerate the development of the second and third phases of the National Exhibition Center and its surrounding infrastructure and transportation system.

Since the beginning of 2021, Beijing has focused on the development of an international center for scientific and technological innovation as well as the building of the "Two Zones" and a global model city for digital economy. It has integrated advantageous resources and sped up the implementation of a number of major technological innovation projects and high-end, precision and sophisticated industrial projects. Of the 100 projects inaugurated in Q2 in Beijing, 47 projects are related to the focused fields, involving a total investment of CNY 41.5 billion, accounting for nearly 50% of the total number of projects as well as the total investment.

(Note: Content source is from Beijing Daily)

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