The dynamic Beijing-Tianjin-Hebei region has become an economic powerhouse, with its GDP skyrocketing 90% since 2013 to reach 10.4 trillion yuan ($1.46 trillion) in 2023. That’s like upgrading from a bicycle to a hyperspeed train in just 10 years! 🚄
Behind the boom? Beijing’s shift to high-tech and innovation. Over 3,000 manufacturing firms closed or relocated, while 66.1% of new businesses now focus on tech, commerce, and culture – up from 40.7% in 2013. Think AI startups > factories! 💡
Zhongguancun, Beijing’s answer to Silicon Valley, has spread its wings with 10,000+ branches opened in Tianjin and Hebei. Meanwhile, Beijing-based companies poured 2.3 trillion yuan into projects across the neighboring regions. Talk about teamwork! ✨
🚧 Infrastructure also leveled up: railways grew 30% (now 11,000+ km) and highways jumped 40% (nearly 11,000 km). Next stop? A fully integrated mega-region driving China’s innovation future. 🌏
Reference(s):
cgtn.com