Number of Multinationals' Regional Headquarters in Beijing's Chaoyang District Rises to 150
Written by , 27 July 2023
Chaoyang District has become home to 150 regional headquarters for multinationals, accounting for over 70% of the city’s total. Moreover, these regional headquarters have played a significant role, contributing approximately 60% to the district's overall economic aggregate. These figures stand as a good testament to the attractiveness that Chaoyang District showcases for the regional headquarters of multinationals.
Chaoyang District boasts bountiful foreign-related resources
Approximately all foreign embassies in China are situated in Chaoyang District, except that of Russia. The district also gathers over 90% of international media organizations based in Beijing, over 80% of international organizations and business associations and over 70% of foreign-funded financial institutions in the city. It is a highly international region, standing out from domestic urban districts. By establishing their…