2025-09-11 18:40
On September 11, during the 2025 China International Fair for Trade in Services (CIFTIS), “Beijing Day” and the Invest Beijing Conference, hosted by the Beijing Municipal People’s Government and organized by the Beijing Investment Promotion Bureau, opened at Shougang Park.
Beijing released 140 investment and cooperation projects in fields such as next-generation information technology and healthcare, with a total value of 139.75 billion yuan. The city also launched 20 “AI+” application scenarios to support the commercialization of scientific and technological achievements and to showcase cooperation opportunities, outcomes of the “Two Zones” initiative, and enterprise-friendly policies, sending a strong signal of openness and practical cooperation to global investors.
Institutional Openness Draws Global Capital: Ismail Ersahin, Executive Director of the World Association of Investment Promotion Agencies (WAIPA), stated that Beijing has demonstrated how reforms, industrial–innovation integration, and cooperation with global investors can create a resilient, opportunity-rich environment. He noted Beijing’s acceleration in AI and digital industries, its attractiveness to multinational pharmaceutical firms due to strong research capacities, and its institutional openness that enhances global competitiveness.
Walter Becher, President of German investment firm Steinbeis, said China and Germany can jointly promote innovation in key areas such as technology transformation, AI, biomedicine and cloud computing, adding that Beijing provides one of the world’s strongest innovation ecosystems.
Peng Yang, Global Vice President of Danaher and President of Danaher China, shared the company’s experience in Beijing. Danaher operates 15 subsidiaries in China, with major businesses covering medical diagnostics, life-science research, and biotechnology platforms. The company collaborates with leading universities to accelerate commercialization of research成果 in synthetic biology, cancer treatment, biomanufacturing, and TCM modernization.
Danaher China has a business scale of about USD 3 billion, with 3 of its 9 factories located in the Beijing-Tianjin-Hebei region. Peng said Beijing’s policy advantages, biopharmaceutical cluster exceeding 1 trillion yuan, strong research institutions, and global connectivity are key reasons the company continues to expand in the region.
Strengthening the “Beijing Service” Brand: According to Tang Wenhong, Member of the Party Leadership Group of the Beijing Municipal People’s Government, Beijing continues to advance the development of the National Integrated Demonstration Zone for Opening Up the Services Sector and the China (Beijing) Pilot Free Trade Zone.
Over the past five years, more than 140 breakthrough measures have been implemented, including over 70 national firsts, such as the country’s first scenario-based negative list for data cross-border transfer in FTZs, and the launch of the international qualification recognition catalog.
Beijing has also attracted foreign-funded research centers of global pharmaceutical companies including Lilly, Pfizer and Bayer, raising the total number of foreign R&D centers in the city to more than 220.
Beijing continues to optimize the business environment, promoting “efficient completion of one task,” launching the unified policy service platform “Jingce,” and expanding mechanisms such as “service packages” and corporate service stewards. The city has also improved work permits, residence permits, and entry-exit policies for foreigners.
Accelerating Industrial Ecosystems to Support Technological Innovation: Wang Shaolan, President of Beijing Zhipu AI—a unicorn spun off from Tsinghua University—shared the company’s development in Beijing, highlighting breakthroughs in large-model research, including the GLM-4.5 model released in August, which ranked third globally and first among Chinese and open-source models.
Since 2023, Beijing has increased support for high-tech industries through government-guided funds, establishing eight funds totaling 100 billion yuan in areas including AI, advanced manufacturing, and new materials.
As of August 2025, these funds had invested 21.3 billion yuan, supporting 16 unicorns, 57 “little giant” specialized enterprises, 73 research commercialization projects, and leveraging 86.7 billion yuan in social capital.
Beijing State-owned Capital Operation and Management Co., Ltd. emphasized that guided funds are helping bridge the “last mile” of commercialization by integrating industry, academia, research, government and investment, forming an innovation ecosystem that transforms technological strengths into industrial competitiveness.
Investment Matchmaking to Build an “Industry + Capital” Ecosystem: During the investment matchmaking session, eight government-guided fund managers, banks, venture capital firms, districts and development zones conducted targeted meetings with enterprises through roadshows and one-on-one discussions, further strengthening channels between industry and capital and supporting coordinated development.