Beijing accelerated transformation of its growth model, promoted structural adjustment and optimization, and improved the quality and performance of economic growth in 2013. To make development more innovation-driven, Beijing also carried out corresponding pilot policies.
Total revenues for enterprises in Zhongguancun Science Park reached over 3 trillion yuan ($495.86 billion), up about 20 percent year-on-year. The turnover of technology contracts in Beijing increased by 16 percent.
Beijing promoted the service industry to improve quality and performance. The added value of the finance industry, sci-tech service industry and commerce service industry rose 11 percent, 10 percent and 8 percent, respectively. The revenue of the large cultural and creative industry rose 7.5 percent, and enterprise profit in service industries rose 20 percent.
Beijing sped up development of key functional areas and key industrial projects. The added value of six high-end industrial functional areas accounted for about 44 percent of the city’s economy. The added value of the high-tech manufacturing industry and modern manufacturing industry rose 10 percent and 14 percent, respectively.
Beijing strengthened the coordination of investment projects; issued consumption-driven policies like e-commerce promotion; and hosted a Beijing shopping season, a benefiting-the-people cultural consumption activity and other activities.
Domestic demand climbed steadily with total fixed asset investment up about 8.8 percent and total retail up more than 8.5 percent.