From 2018 to this year, Chaoyang District has received a total of

USD 20.44 billion from service outsourcing contracts and

USD 16.242 billion from the executed contracts.

In 2021, Chaoyang has received a total of

USD 4.132 billion from service outsourcing contracts and

USD 3.46 billion from the executed contracts.

(There are 36 enterprises with a contract value of more than USD 10 million)

As of August 16, 2022,

Chaoyang has received a total of USD 1.915 billion from service outsourcing contracts and

USD 1.309 billion from the executed contracts.

Trade in service in Chaoyang presents three main features.

First, the industrial structure has been continuously optimized.

The proportion of traditional service industries, such as construction services and transportation, is gradually decreasing. Instead, knowledge-intensive new business service has grown rapidly.

Second, leading enterprises boast the feature of high concentration and strong anti-risk ability.

The overall structure of leading enterprises in trade in service in Chaoyang is stable. The top 20 leading enterprises contribute more than 60% of the total service trade volume, and the top 100 account for about 90%.

Third, the trade serves many countries and has great regional differences.

The trade partners of key enterprises in Chaoyang involve more than 150 countries on six continents, mainly in Asia, Europe, and North America. The United States, Japan, and Singapore are the top three countries in terms of trade in services.

(Source: Chaoyang District Commerce Bureau)