In the past five years, Xicheng District has been improving high-grade, precision and advanced economic structure, and enhancing the level and quality of industrial development. The regional economy develops steadily and scientifically, and maintains a good development trend. The GDP of Xicheng District has exceeded 500 billion yuan, and the per capita GDP has reached 65000 US dollars.

In 2018, Beijing Financial Street Services Bureau was unveiled in Xicheng District. In 2021, the Beijing Stock Exchange, as well as the Beijing Financial Court were established in Xicheng District.

The Annual Conference of Financial Street Forum becomes a national and international professional forum. At present, there are more than 1900 financial institutions of various types in Xicheng District, with assets of 125.7 trillion yuan, which account for one third of the national financial assets.

The Beijing Financial Technology and Professional Service Innovation Demonstration Zone has been upgraded to the first national-level financial technology demonstration zone in China, in which 146 key financial technology companies and professional service institutions are located, with a registered capital of 107.4 billion yuan.

Xicheng District has 142 projects among Beijing’s projects for constructing the Integrated National Demonstration Zone for Opening up the Services Sector and the China (Beijing) Pilot Free Trade Zone. A total of 80 projects are underway.

Moreover, Xicheng District has taken the lead in introducing several measures to promote the development of the digital economy, and implemented a series of policies on the development of the financial industry, opening up of the financial industry, financial technology and professional service, and innovation of the Xicheng Park of Zhongguancun Science Park.