Chaoyang-based Beijing Missfresh E-Commerce Co., Ltd. has been recognized as the regional headquarters of a multinational corporation (MNC) by the Beijing Municipal Commerce Bureau, as the first case of its kind in 2021.

To date, there have been 131 MNC regional headquarters registered in Chaoyang.

Related Policies

Notice of Beijing Municipal Commerce Bureau on Issuing the "Opinions on Implementing the Notification Commitment System for Accreditation of Beijing-based Regional Headquarters of Multinational Corporations (Trial)" (Jing Shang Zong Bu Zi [2021] No. 4)

Extended Reading

Founded in Chaoyang District, Beijing, in 2014, Beijing Missfresh E-Commerce Co., Ltd. is a mobile e-commerce company that is located at Wangjing International Commercial Center. It independently runs an online supermarket, selling all categories of products. As the creator of the "pre-position warehouse to home" model, the company has established a speedy cold chain logistics system combining urban separation centers with community pre-position warehouses in 16 key Chinese cities, to deliver global quality fresh food within 30 minutes.

Any enterprise meeting the following requirements may apply for the status of an MNC regional headquarters in Beijing:

1. A foreign-invested enterprise registered as an independent legal entity;

2. The overseas parent company has total assets of at least USD 200 million;

3. The overseas parent company has a total paid-in registered capital of USD 10 million and above in Beijing.