Beijing boosts foreign investment appeal with over 1,500 business reforms, attracting record R&D investments.

Beijing is enhancing its appeal as a hub for foreign investment by improving its business environment. The city now hosts 252 regional headquarters of multinational companies and 149 foreign R&D centers. In the first eight months of 2024, these centers invested over 1.92 billion USD in R&D, a 29.9% increase year-on-year. Since 2014, Beijing has introduced over 1,500 reform measures and passed regulations to optimize its business environment, boosting confidence among foreign investors.

December 02, 2024
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