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Chaoyang accelerates Internet Plus clustering
( chinadaily.com.cn )
Updated: 2016-05-31

A group of Internet Plus community services projects from Chayang Park of Zhonguancun Science Park were promoted at the fourth China Beijing International Fair for Trade in Services.

Zhongshang Huimin E-commerce Co Ltd reached a 10-billion-yuan agricultural products sales agreement at the fair, while Kungfu Hacking (Beijing) Technology Co Ltd achieved strategic cooperation agreements on intelligent devices valued at 400 million yuan.

As the clustering effect of Internet Plus business speeds up in Chaoyang district, more e-commerce enterprises such as juran.cn and womai.com are settling in the district, according to an official of the Chaoyang Commission of Commerce.

In the past year, the sales volume of Chaoyang's Internet retailers of a certain size was 26.06 billion yuan ($3.96 billion); a year-on-year growth of179.3 percent.

Reflecting Beijing's strategic position as a science and technology innovation center, Chaoyang Park of Zhongguancun Science Park strives to take the lead in the Internet Plus industry and be a hub for key Internet Plus enterprises during the 13th Five-Year Plan (2016-2020).

Moreover, Chaoyang is eager to lead in supporting traditional trade companies to transfer to the Internet Plus model.