Huo Xuewen, Director of Beijing Local Financial Supervision Administration, recently stated that as a national financial administration centre, Beijing possesses world-class advantages along with tremendous opportunities for development in terms of market conditions, business environment, reform and innovation, etc. In recent years, more than 60 foreign-funded financial institutions have been settled in Beijing. Beijing's financial assets have exceed CNY 170 trillion, accounting for more than half of the country's total. Beijing also contains more than 900 licensed financial institutions, the most in all of China. Given the active venture capital and equity investment in Beijing, financial institutions are enjoying unique advantages in terms of their infrastructure, market base and resources. In regards to business environment, Beijing's monetary and credit business environment ranked the highest across the country according to this year's assessment by the National Development…

On the morning of September 17, the 9th Beijing People Beneficial Cultural Consumption Season held a series of event promotion conferences, promoting the 798 YoungDays Fair and other major events. Among them, the "Beijing Cultural Consumer Brands List" will launch a batch of cultural consumption events in new formats such as the 798YoungDays Fashion& Art Fair at 798 Art Zone. By creating new entertainment experiences, these events will engage consumers in the beauty of art.  

△The view of the National Speed Skating Oval in Chaoyang district, Beijing. CHINA DAILY District running tests to ensure smooth and better management With all facilities, equipment and health plans in place, authorities in Beijing's Chaoyang district have switched their attention to streamlining procedures to ensure the safe and smooth running of international test events for next year's Olympic and Paralympic Winter Games. Starting from Oct 5, 10 international events, three training weeks and two domestic test activities will take place through the end of the year at eight Beijing 2022 Winter Olympics venues across three zones: downtown Beijing, Yanqing District and the co-host Zhangjiakou in Hebei province. Chaoyang is responsible for two international competitions and two domestic test activities. The district is also home to three Beijing 2022 Winter Olympics venues and several hotels to accommodate athletes and officials. Joint efforts have been made by…

As of October this year, there had been 290 “Two Zones” development projects in Chaoyang District, among which 128 were foreign-funded, accounting for 44% of the total. The number of ongoing foreign-funded projects and projects under negotiations on investment promotion has ranked among the city's forefront. Chaoyang District has established five major systems with institutional innovation to facilitate development, as well as three industrial parks and opening-up policy systems in numerous key areas. Focusing on cross-border finance, high-end business services, digital economy, and other fields, it has issued the first batch of 28 special policies to promote the “Two Zones” development. A total of 18 policies have been developed to drive the high-quality development of Beijing CBD in eight dimensions, including international investment attraction, headquarters economy, opening up to the world, digital economy, quality and efficiency improvement, and cultural and…