According to data released by the Beijing Municipal Bureau of Economy and Information Technology, the added value of Beijing's digital economy in the first three quarters this year increased by 7.6 percent year-on-year, while that of core industries in the digital sector increased by 10.4 percent year-on-year, indicating that Beijing's economy is accelerating towards high-quality growth.

The electronic information industry grew by 19.5 percent, whereas the added value of strategic emerging industries and high-tech manufacturing increased by 14 percent and 8.3 percent respectively compared to the previous year... In the first three quarters, the structure of Beijing's high-end, precision and sophisticated industries continued to improve. By cultivating and strengthening emerging industries and strategically planning for future industries, Beijing actively empowers industrial upgrading. For example, the high-level autonomous driving demonstration zone is being extended to cover the 3000 sq. km area citywide. Beijing's General Artificial Intelligence (AI) Industry Innovative Partner Program has attracted a total of 260 upstream and downstream ecosystem players. A total of 94 large models have been authorized for launch in Beijing.

At present, Beijing has established a relatively complete service system for small and medium-sized enterprises (SMEs), nurturing over 20,000 key enterprises in all sizes. Going forward, Beijing will focus on key areas such as general AI, humanoid robots, medicine and healthcare, and plans to establish the first batch of future industry incubation bases for about 20 enterprises, with the aim of spawning more future-oriented specialized and high-grade enterprises that provide unique and novel products and services.

Source: Xinhua News Agency