Business Environment
Featuring a friendly business environment, Beijing offers tangible convenience for enterprise investment and operation.

China

DB Rank:31

DB Score:77.9

Beijing's Details

Starting a Business

95.1

Dealing with construction permits

77.8

Getting Electricity

95.4

Registering Property

82.6

Getting Credit

60.0

Protecting Minority Investors

72.0

Paying Taxes

71.7

Trading across Borders

85.7

Enforcing Contracts

80.0

Resolving Insolvency

62.1

Procedures Time Cost Paid-in min. capital

Procedures Time Cost Building quality control index

Procedures Time Cost Reliability of supply and transparency of tariff index

Procedures Time Cost Quality of the land administration index

Score - Getting Credi

Score - Protecting Minority Investors

Payments Time Total tax and contribution rate Postfiling index

Time to export: Border compliance Time to export: Border compliance Time to export: Border compliance Time to export: Border compliance Time to export: Border compliance Time to export: Border compliance Time to export: Border compliance Time to export: Border compliance

Time Cost Procedures

Recovery rate Strength of insolvency framework index

Source: “Doing Business 2020” published by the World Bank.
A Glance at Beijing's Comprehensive Strength

A modern international metropolis

Beijing, as the national political center, cultural center, center for international exchanges, and center for scientific and technological innovation, is of strategic importance to China. It is the host city of many world-class major events and large-scale international events. It is also one of the world's top 10 financial centers and one of the top four cities (Alpha+ category) according to GaWC. Brand new urban planning is accelerating the development of Beijing in an unprecedented way. Upholding the vision of innovative, coordinated, green, open and shared development, Beijing is creating infinite business opportunities.

One of the world's top ten scientific and technological innovation centers

Beijing boasts abundant scientific and technological resources as well as top talent. It is home to more than 90 higher education institutions with approximately 860,000 students, more than 1,000 scientific research institutes, 120 national key laboratories, 68 national engineering technology research centers, and 25,000 national high-tech enterprises. Half of China's top talent, best disciplines and laboratories are in Beijing. Its R&D spending sits at 6.17% of the GRP, ranking first in China. Beijing is undoubtedly the most dynamic city worldwide when it comes to innovation and entrepreneurship, with around 200 new innovative enterprises established every day. The amount of venture capital and the number of cases in Beijing account for about 30% of all venture capital and cases in China. It is second merely to Silicon Valley in respect to VC/PE investment in technological innovation across the globe.

"Strong Magnetic Field" Attracting Foreign Investment

Beijing is China's first integrated pilot city for further opening the service sector. The State Council respectively approved its program for further opening Beijing's service sector in 2015, 2017 and 2019, assigning it over 400 reform tasks and letting it pilot more relaxing market access policy, more convenient trade regulation policy and more comprehensive talent attraction policy in its service sector. Moody's, Standard & Poor's, Fitch, MASTER, VISA, Experian, Apple, Tesla and other world-leading corporations have set up offices in Beijing.
In August 2019, the China (Hebei) Pilot Free Trade Zone Daxing Airport Area was inaugurated, marking the launch of a pilot free trade zone straddling Beijing and Hebei. The Daxing Airport Area covers 19.97 square kilometers, of which 9.97 square kilometers are in Beijing. It aims to become a function area for international exchanges, a leading area for aviation innovation and a demonstration area for Beijing-Tianjin-Hebei coordinated development. The Daxing Airport Area will, therefore, focus on the development of aviation logistics, aviation technology and financial lease.
In addition, Beijing also has an important opening-up platform - China International Fair for Trade in Services (CIFTIS). Since 2012, the CIFTIS has been successfully held for five times. Nearly 300 international organizations and foreign trade associations from 184 countries and regions have participated in the fair and intended turnover has reached USD 529.33 billion. In 2020, the CIFTIS will be upgraded again to constitute, with the China International Import Expo and the China Import and Export Fair, new platforms for China's expansion of its opening-up. Relying on the three platforms, Beijing is becoming a strong magnetic field attracting global investment.
As of 2019, over 45,000 foreign-invested enterprises from more than 165 countries and regions have been established in Beijing, accounting for about 5% of the country. Over the past five years, Beijing's actual utilized foreign investment totaled USD 81.87 billion, accounting for nearly 50% of the total since the reform and opening-up. Foreign investment has maintained steady growth. In 2019, Beijing saw 1636 foreign-invested enterprises, and utilized foreign capital USD 14.21 billion, accounting for 10% of the country's total.

All-dimensional pattern of outbound investment and international cooperation

Beijing has established friendship with 55 cities in 50 countries across five continents. It has also invested in 31 countries along the Belt and Road, and organized international events such as the Belt and Road Forum for International Cooperation, the Beijing 2022 Olympic and Paralympic Winter Games and the CIFTIS.
Economic highlights of Beijing
Beijing’s GDP

+1.2%

1-4Q 2020 (YoY)
Service value

+1.0%

1-4Q 2020 (YoY)
Total consumption

-6.9%

1-4Q 2020 (YoY)
Total imports and exports

-19.1%

1-4Q 2020 (YoY)
Investment Report

Beijing Foreign Investment Development Report 2021