In 2023, Beijing witnessed a favorable economic rebound, robust social welfare provisions, and solid advancement in high-quality development.
The city's GDP tallied approximately CNY 4.4 trillion, representing a growth of 5.2 percent compared with the previous year. The total revenue of the general public budget for the year surpassed CNY 600 billion, marking a year-on-year increase of 8.2 percent. A total of 281,000 individuals in urban areas were newly employed, with an average urban surveyed unemployment rate of 4.4 percent. The overall level of consumer price increased by 0.4 percent year on year. The annual added value of the digital economy sector accounted for approximately 42.9 percent of the city's GDP. There were 123,000 new technology enterprises established throughout 2023, marking a 15.9-percent increase compared with the previous year. The city's total expenditure on research and development accounted for over six percent of the city's GDP. There were 7,180 new specialized, refined, differential and innovative SMEs (small and medium-sized enterprises) and 114 unicorn companies in Beijing last year. The fixed asset investment (excluding rural households) in 2023 increased by 4.9 percent compared with the previous year. Throughout 2023, the trading volume of securities reached CNY 211.4 trillion, indicating an increase of 14.5 percent compared with the previous year. Additionally, the total amount of market consumption this year increased by 10.2 percent compared with the last year.
The technology contract turnover between Beijing and Tianjin and Hebei increased by 1.1 times compared with the previous year.
The total import and export value of Beijing for the whole year reached CNY 3,646.63 billion, representing an increase of 0.3 percent compared with the last year. The import and export value between Beijing and the Belt and Road partner countries reached CNY 1,922.20 billion, accounting for 52.7 percent of the total import and export value of the region. Throughout 2023, 1,729 new foreign-funded enterprises were established, indicating an increase of 22.8 percent compared with the previous year.
