On April 20, nearly 100 senior executives from Beijing-based organizations, transnational companies, and headquarters-type enterprises walked into the Science and Technology Innovation Area. Since the launch of the "Two Zones", foreign capital investment in Beijing has risen sharply. In the first quarter this year, 379 foreign-funded enterprises were newly founded in Beijing, implying a year-on-year rise of 36.3%. The contractual foreign capital totaled USD 9.63 billion, 1.3 times that in the same period of last year, and the paid-in capital amounted to USD 4.94 billion, representing a year-on-year increase of 32.7%.

The executives invited for the tour first paid a visit to the Changping District Zhongguancun Life Science Park. With the outbreak of the COVID-19 epidemic, Zhongguancun Life Science Park has brought its advantages in R&D and innovation into full play, and actively assisted enterprises in countering the epidemic by means of science and technology. More than 20 enterprises were directly engaged in R&D and production of anti-pandemic drugs and medical devices, which strongly bolstered the anti-pandemic work of the city. To this day, Zhongguancun Life Science Park has brought together nearly 500 medical health enterprises like BeiGene and InnoCare Pharma Limited, and basically built up a whole industrial chain from fundamental research to end medical care.

In Haidian Cluster, it is very easy to experience the conveniences brought by scientific and technological innovation, for example, a driverless car, paperless invoice, and intelligent voice control, etc. In the Science and Technology Innovation Area of China (Beijing) Pilot Free Trade Zone, the Haidian Cluster with a floor space of 21.59 square kilometers is located in the north of Haidian District. In construction of the "Two Zones", the Haidian Cluster enjoys multiple preferential policies with regards to the Integrated National Demonstration Zone for Opening up the Service Industry, the China (Beijing) Pilot Free Trade Zone, and Zhongguancun National Innovation Demonstration Zone, etc.

According to the investment promotion exchanges meeting, Beijing will focus on five key aspects, including construction of the international center for science and technology innovation, construction of the "Two Zones", digital economy, structural reform on the supply side to guide and innovate consumption, and coordinated development of the Beijing-Tianjin-Hebei region. Director of Beijing Municipal Commerce Bureau Yan Ligang, in the presence of guests, summed up down-to-earth measures of Beijing that benefit enterprises during the construction of the "Two Zones", and he noted that Beijing would further open up to the access of foreign capital, further streamline the data flow, further facilitate the capital flow, further enhance the support to talents, further improve preferential tax policies, and further optimize the business environment. He also briefed guest representatives on the subsequent work priorities, saying that Beijing will quicken the pace of the construction of the "Two Zones", and build an open pattern integrating sectors, regions and factors,. The city will expedite lawmaking to provide legal guarantees for the “Two Zones”, and ramp up efforts in the implementation of "Two Zones" projects to bring enterprises more benefits.

So far, of the 251 tasks approved by the State Council, Beijing has carried out 147 tasks, or 58.5 percent, with many a few policies that are first seen or applied in China, e.g. "approval upon filing for records" for application of high-tech enterprises, preferential tax policies for corporate venture capitals and on income from technology transfer, and trading platform for private equity shares. Since launching the "Two Zones", Beijing has registered more than 1,400 high-quality projects.