BEIJING, Aug. 7 (Xinhuanet) -- The Beijing Central
Business District (CBD) occupies 3.99 sq km of the Chaoyang district on the east
side of the city. It is conveniently equidistant to Tian'anmen Square, the
Beijing Capital International Airport expressway and the
Beijing-Tianjin-Tangshan expressway.
In the eight years since the government decided to
speed up construction of the district, the Beijing CBD has attracted 117 Fortune
500 businesses in the financial, media, information technology, consulting and
service industries.
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A view of the Beijing CBD at night,
featuring landmark buildings and multiple forms of transport.
(Photo
Source: China Daily)
Photo
Gallery>>> |
More
than 60 percent of overseas-funded companies and 50 percent of the luxury hotels
in Beijing are in the CBD.
A majority of foreign embassies in Beijing - the No
1, No 2 and No 3 embassy districts are now concentrated in the Beijing CBD and
its neighboring areas.
With the new CCTV towers and the China World Trade
Center as architectural landmarks, the CBD was designed to meet the needs of
urban white-collar professionals for work and leisure. Office space accounts for
50 percent, deluxe apartments 25 percent and recreational facilities 25 percent
of the buildings in the district.
The Beijing CBD Administrative Committee, established
in 2001, is in charge of planning and management and aims to facilitate
investments and improve the work environment for professionals.
The committee provides information to investors on
laws, taxes and state policies as well as a one-stop service, which has
simplified approval procedures and raised efficiency.
The administrative committee worked with a Hong
Kong-based transportation planning consulting company, MVA, to design a system
utilizing multiple forms of public transport such as buses, metro and free CBD
buses. There is also a system to check traffic conditions online.
The
establishment of the Beijing CBD Chamber of Finance, the Beijing CBD Chamber of
Media Industry and Beijing CBD Association of Property Management & Real
Estate Development has facilitated communication and cooperation between the
government and enterprises. The Beijing CBD International Business Festival and
Beijing CBD International Forum have put the Beijing CBD on the map worldwide.
The Beijing CBD has unprecedented opportunities for
further development, in line with promises made when China was admitted into the
World Trade Organization (WTO) that the country would gradually open more
sectors in its financial sector. As the host city of the 2008 Olympic Games,
Beijing has greatly improved its traffic system and communications network, and
is now restructuring its economy to put greater emphasis on the financial, media
and business services industries.
The future is promising. By 2010, as the industrial
structure of the Beijing CBD improves, the financial, media and consulting
industries will make greater contributions to China's economic development. The
Beijing CBD will be a better place to work and live in and its influence in the
business world will spread further.
(Source: China Daily)
From emerging market to global
business hub
BEIJING, Aug. 7 (Xinhuanet) -- Business people from
all over the world can be seen on the streets of the Beijing Central Business
District (CBD). With international financial institutions, leading media
organizations and high-end consulting firms establishing offices there, the
Beijing CBD has become an important communications and business platform for
China. Full story
Star service, management ensure story
of success
BEIJING, Aug. 7 (Xinhuanet) -- Services and management
provided by the government have played an important role in the development of
the Central Business District (CBD). Full story
Magnet for mega
companies
BEIJING, Aug. 7 (Xinhuanet) -- East of Tian'anmen
Square is Beijing's "Wall Street", the thriving Beijing Central Business
District (CBD).Full story
Posh names showcase luxury
BEIJING, Aug. 7 (Xinhuanet) -- The CBD
was built to be a place "where you can see and feel the world changing."Full
story
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