Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Beijing-Tianjin-Hebei's GDP up 90 pct in past decade

February 23, 2024


Abstract : The Beijing-Tianjin-Hebei region saw its gross domestic product (GDP) grow 90 percent to 10.4 trillion yuan (about 1.46 trillion U.S. dollars) in 2023 compared to the level in 2013, data released Thursday showed.

People visit the exhibition center of Zhongguancun National Independent Innovation Demonstration Zone in Beijing, capital of China, May 27, 2023. (Xinhua/Zhang Chenlin)

BEIJING, Feb. 22 (Xinhua) -- The Beijing-Tianjin-Hebei region saw its gross domestic product (GDP) grow 90 percent to 10.4 trillion yuan (about 1.46 trillion U.S. dollars) in 2023 compared to the level in 2013, data released Thursday showed.

In moving out its non-capital functions, Beijing has shut down over 3,000 manufacturing companies and closed or upgraded nearly 1,000 markets and logistics centers over the past decade, Liu Bozheng, deputy director of the Beijing office overseeing the integration of the Beijing-Tianjin-Hebei region, said at a press briefing Thursday.

In a sign of high-quality growth, the proportion of new business entities in the city in high-end industries covering technology, commerce, culture and information among all had risen to 66.1 percent in 2023 from 40.7 percent in 2013, the official said.

Over the past decade, enterprises from Zhongguancun, a national high-tech industrial development zone in Beijing, set up over 10,000 branches in Tianjin and Hebei.

Meanwhile, enterprises from Beijing made 49,000 investments in the neighboring two regions totaling 2.3 trillion yuan.

As the integration gathers pace, the region has built more railways and highways to beef up connectivity.

The Beijing-Tianjin-Hebei region has over 11,000 km of railway lines, up more than 30 percent from 2013, and nearly 11,000 km of highways, up over 40 percent from 2013, data showed.

Scan the QR code and push it to your mobile phone

Keyword: GDP Beijing-Tianjin-Hebei

Reading:

ICBC (Asia) enriches its southbound connect products to hail new Cross-boundary Wealth Management Connect rules

【Financial Str. Release】China's securities regulator pledges improved supervision standards, malpractice crackdown

China's Hunan sees export volume of construction machinery up 43.7 pct in 2023

Xinhua Commentary: With int'l debut, China's C919 offers a paradigm of worldwide collaboration

China Eastern Airlines works with e-commerce giant to facilitate export of Chinese brands

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial