As the main district for Beijing to build an international consumption center city, Chaoyang District also serves as a key economic area and a window for international exchanges. In 2023, Chaoyang District will focus on building one vertical commercial belt and one horizontal commercial belt to promote the upgrading of the six business clusters along Beijing Metro Line 14. It will explore a joint business planning mechanism for the Liangma River International Style Waterfront.

01 Nearly 400 "Trendy Chaoyang" consumption promotion activities to create a "24-hour sleepless urban area"

In 2022, Chaoyang District carried out nearly 400 consumption promotion activities with the themes of "Coffee Festival", "Fashion Show", and "Fashion Market".

In 2022, "Midnight Diner" special catering areas were built in places like Hopson One and the 17th Street of China Central Place to boost the night economy.

In cooperation with Beijing MTR, Chaoyang District extended the operation time of Metro Line 14, to stimulate the night economy, and create a "24-hour sleepless urban area".

By introducing first brand stores, new product launch, and fashion debut, Chaoyang District is committed to developing itself into a global new product launch center. Therefore, it has studied and formulated district-level supporting measures to promote the development of fashion retail enterprises in Beijing.

In the first three quarters of 2022, 335 first stores were introduced, accounting for 54% of Beijing's total.

02 One vertical and horizontal commercial belt along Metro Line 14 and the Liangma River

Chaoyang District's business focus lies in developing one vertical commercial belt and one horizontal commercial belt. In 2022, Chaoyang District accelerated the construction of the commercial belt of Metro Line 14 in the vertical direction, linking the six major business districts along the line to improve the quality. In the horizontal direction, it explored a joint business planning mechanism for the Liangma River International Style Waterfront to promote the realization of multi-party governance, construction, and sharing.

In addition, Chaoyang District has also promoted the opening of projects such as BIG Shopping Park and teamLab Massless at Chaoyang Joy City and accelerated the renovation of projects such as Kuntai Shopping Mall on Chaowai Street and Taikoo Li Sanlitun North. In 2023, Chaoyang District will accelerate the construction of one vertical commercial belt and one horizontal commercial belt.

03 Beijing CBD creates the first RMB 100-billion-level business cluster and initiates the establishment of the Consumption Big Data Lab

In 2022, Beijing CBD established an alliance of business clusters to form a joint force for the development

The alliance covers 15 key commercial projects such as China World Trade Center and China Central Place

12 well-known brands such as Tesla, Huawei,

Beijing MTR, Beijing Institute of Fashion Technology, etc.

It released the Eight Initiatives for Beijing CBD

China-chic incubator and catering incubator accelerator have been established

CBD Catering Alliance has been established and a full-chain strategic cooperation has been carried out

(Source: WeChat Official Account "Window for Beijing CBD")