Recently, Beijing Economic-Technological Development Area (BETDA) has announced ten initiatives to improve the business environment in 2024. These initiatives will provide strong support for the improvement of a modern industrial system and the high-quality development.

The ten initiatives include upgrading industry and supply chains with focuses on the key industry chains (of integrated circuits, new displays, bio-medicine, new energy vehicles, wind power equipment, etc.), promoting innovation-driven development of enterprises, facilitating digitalization-powered corporate growth, shifting towards greener models, fostering openness with shared benefits, implementing facilitating measures based on a wide array of scenarios, providing financial support for businesses, cultivating top-tier talent, and facilitating easy access to services. Through the implementation of these initiatives, BETDA aims to create an exceptional business climate to invigorate corporate innovation, accelerate the adoption of new industrial models, and drive the development of new quality productivity.

As a main platform for Beijing's high-end, cutting-edge and sophisticated industries, BETDA has created four top-notch industrial clusters of new-generation information technology, new-energy smart interconnected cars, biotechnology and comprehensive healthcare services, and robotics and smart manufacturing, respectively. By implementing these ten initiatives, BETDA plans to shape over 30 larger and influential enterprises playing leading roles in the industry chains of various niche segments by the end of this year. Concurrently, it will continue to improve its policies and services to create the "Yizhuang Service" brand as a comprehensive whole.