In 2023, Beijing witnessed significant achievements in the development of its high-end, cutting-edge and sophisticated industries, with each of the top ten industries in this regard surpassing the CNY-100-billion revenue milestone. Notably, the new-generation information technology cluster has remarkably achieved over CNY 3 trillion in output. Looking ahead, Beijing is poised for sustained economic momentum this year, targeting a 5-percent growth in the value added generated by the industries above the designated size. The information software industry is expected to maintain its rapid double-digit growth.