Beijing recently announced the achievements that have been made in the first year of the construction of the Integrated National Demonstration Zone for Opening up the Services Sector and China (Beijing) Pilot Free Trade Zone ("Two Zones" for short). So far, of the 251 tasks involved in the "Two Zones" development plan approved by the State Council, 203 have been implemented, comprising 80 percent of the goals set for 3 to 5 years ahead.

Since Beijing started the construction of the "Two Zones", a great number of valuable policies have been implemented. As a result, 68 Chinese and foreign financial institutions have settled in Beijing. Beijing has been the first among cities in China to implement 34 pioneering policies including pilot cross-border e-commerce sales of pharmaceutical products.

An array of iconic projects have been implemented and garnered brilliant results. As of now, the construction of the "Two Zones" in Beijing has involved more than 2,000 new projects, and nearly 50 percent of them have been landed, including the Beijing Green Exchange and other 44 signature projects.

A number of accomplished overseas enterprises have invested in Beijing. From January to July this year, Beijing witnessed the establishment of 1,035 foreign-invested enterprises, a year-on-year increase of 55.2 percent. Meanwhile, the actually utilized foreign investment in the city totaled USD 10.33 billion, growing by 19.1 percent year on year.

(Note: Content source is from Xinhuanet)