Shi­jing­shan Dis­trict: The Cap­i­tal’s West­ern Gate­way

Beijing (English) - - CONTENTS -

Shi­jing­shan Dis­trict is work­ing hard to­wards be­com­ing Beijing's west­ern core and a hot­bed for ur­ban con­struc­tion.

Shi­jing­shan Dis­trict is lo­cated in the west of Beijing, just 14 kilo­me­tres (km) from Tian'an­men Square, and cov­ers an area of 84.38 square kilo­me­tres (sq.km).

In Beijing's ur­ban mas­ter plan, Shi­jing­shan Dis­trict is de­fined as a na­tional-level in­dus­trial trans­for­ma­tion demon­stra­tion area, a com­pre­hen­sive ser­vice area in the west of Beijing and an eco­log­i­cally live­able demon­stra­tion area com­bin­ing moun­tain and wa­ter cul­tures. The Beijing Or­gan­is­ing Com­mit­tee for the 2022 Olympic and Par­a­lympic Win­ter Games has es­tab­lished its head­quar­ters in Shougang Park (the for­mer site of the sta­te­owned steel com­pany, Shougang Group) in Shi­jing­shan Dis­trict, turn­ing the park into a new land­mark of the dis­trict. The move has also be­come a model for in­dus­trial trans­for­ma­tion and a driver of lo­cal eco­nomic and so­cial de­vel­op­ment. As the west­ern gate­way to the cap­i­tal, Shi­jing­shan is com­mit­ted to build­ing a na­tional, civilised dis­trict and ex­pe­dit­ing its de­vel­op­ment in an en­vi­ron­men­tally friendly way.

In­dus­trial Trans­for­ma­tion via Green De­vel­op­ment

Shi­jing­shan Dis­trict was for­merly a junc­tion on the an­cient road net­work in west Beijing and is a fa­mous Bud­dhist pil­grim­age site in China. Af­ter the found­ing of the Peo­ple's Re­pub­lic of China, the dis­trict played a lead­ing role in the coun­try's in­dus­trial de­vel­op­ment.

In 2005, in prepa­ra­tion for the Beijing 2008 Olympic Games and to align with the cap­i­tal's strate­gic re­ori­en­ta­tion, Shi­jing­shan be­gan clos­ing its in­dus­trial fac­to­ries and phas­ing out its out­dated in­dus­trial ca­pac­ity. Af­ter­wards, there was rapid de­vel­op­ment in ad­vanced sec­tors in­volv­ing fi­nance, high-tech­nol­ogy, cul­ture and cre­ativ­ity. As a re­sult, the ra­tio be­tween sec­ondary and ter­tiary in­dus­tries has re­versed over the past decade from 7:3 to 3:7. The State Coun­cil of China hon­oured the dis­trict as a “model of in­dus­trial trans­for­ma­tion among old in­dus­trial bases.” Shi­jing­shan has been recog­nised as a na­tional-level in­dus­trial trans­for­ma­tion demon­stra­tion area.

In the first half of 2018, Shi­jing­shan's fi­nan­cial, high-tech­nol­ogy, and cul­tural and cre­ative eco­nomic main­stay sec­tors grew by 20 per­cent, 17 per­cent and 30.6 per­cent year-on-year, re­spec­tively, ac­count­ing for 74.6 per­cent of the dis­trict's econ­omy. To­gether, they con­trib­uted to 112.1 per­cent of Shi­jing­shan's eco­nomic growth and 77.2 per­cent of its fis­cal rev­enues, sup­port­ing the con­stant and sound de­vel­op­ment of the lo­cal econ­omy.

Shi­jing­shan's mod­ern fi­nan­cial sec­tor has wit­nessed rapid de­vel­op­ment, with many pres­ti­gious fi­nan­cial in­sti­tu­tions mov­ing their bases to the dis­trict, in­clud­ing China In­sur­ance In­for­ma­tion Tech­nol­ogy Man­age­ment Co., Ltd. (CIITC), China Ever­bright Bank Credit Card Cen­tre, Huaxia Bank Credit Card Cen­ter, Na­tional Bank Card Test Cen­ter and Beijing Shougang Fund Co., Ltd. Over 100 fi­nan­cial in­sti­tu­tions have a pres­ence in the dis­trict. They have con­trib­uted over a third of the lo­cal econ­omy.

Shi­jing­shan's high-tech sec­tor has prom­i­nent char­ac­ter­is­tics. The dis­trict is home to clus­ters of new-gen­er­a­tion in­for­ma­tion tech­nol­ogy com­pa­nies in­clud­ing in­dus­trial In­ter­net, vir­tual re­al­ity, aug­mented re­al­ity and ar­ti­fi­cial in­tel­li­gence start-ups. By the end of 2017, Shi­jing­shan had 748 high-tech com­pa­nies, a year-onyear in­crease of 21.5 per­cent. The in­come from high-tech com­pa­nies rep­re­sented 60.9 per­cent of the to­tal in­come of all en­ter­prises in Shi­jing­shan's high-tech parks—an in­crease of seven per­cent­age points com­pared with the same pe­riod in 2016.

Shi­jing­shan's cul­tural and cre­ative sec­tor has steadily de­vel­oped. As one of the dis­trict's lead­ing sec­tors, it has at­tracted a range of com­pa­nies work­ing in an­i­ma­tion, on­line games, dig­i­tal film and TV, and cre­ative de­sign. In 2017, Shi­jing­shan's 196 cul­tural and cre­ative com­pa­nies above des­ig­nated size yielded a to­tal in­come of 42.91 bil­lion yuan, an in­crease of 14.6 per­cent year-on-year; and their to­tal prof­its reached 6.33 bil­lion yuan, up 55.1 per­cent year-on-year.

Well-de­fined De­vel­op­ment Goals

Ac­cord­ing to Beijing's new mas­ter plan, Shi­jing­shan Dis­trict is strate­gi­cally ori­ented as part of the cap­i­tal's cen­tral ur­ban area. Shougang Park is a new land­mark in the dis­trict's re­ju­ve­na­tion in the new era and helps form a high-end in­dus­trial struc­ture to­gether with other key in­dus­trial parks in­clud­ing Beijing Bank­ing & In­sur­ance Busi­ness Park and Beijing's in­no­va­tion park for over­seas Chi­nese. Af­ter the Beijing 2022 Or­gan­is­ing Com­mit­tee moved into Shougang Park, na­tional teams, train­ing venues and other Olympic projects fol­lowed suit. The Beijing 2022 Win­ter Games is ex­pected to drive Shi­jing­shan's de­vel­op­ment as the cap­i­tal's new call­ing card for in­ter­na­tional ex­changes.

Shougang Park is lo­cated at the west­ern­most end of Chang'an Av­enue and cov­ers an area of 8.63 sq.km, fea­tur­ing the only large-scale land plot ap­proved for com­pre­hen­sive de­vel­op­ment in Beijing's ur­ban area. The Beijing 2022 Or­gan­is­ing Com­mit­tee has set up its base here and four train­ing venues for short track speed skat­ing, fig­ure skat­ing, curl­ing and ice hockey have been con­structed and brought into ser­vice. Ad­di­tion­ally, the park also ac­com­mo­dates the Big Air fa­cil­ity for Beijing 2022. It plans to fo­cus on three ma­jor sec­tors: sports plus, dig­i­tal in­tel­li­gence, and cul­ture and cre­ativ­ity, and shape an in­dus­trial sys­tem to up­grade con­sump­tion, cre­ate in­tel­li­gent sce­nar­ios, launch green fi­nan­cial ser­vices and build an “in­ter­na­tional Shougang tal­ent com­mu­nity.”

The Beijing Bank­ing & In­sur­ance Busi­ness Park is lo­cated on the north side of the ex­ten­sion of Chang'an Av­enue in Shi­jing­shan Dis­trict, cov­ers an area of 950,000 sq.m, and was China's first in­dus­trial park to be con­structed un­der the high­est green ar­chi­tec­tural stan­dards. The park of­fi­cially opened at the first China Bank­ing and In­sur­ance In­ter­na­tional Sum­mit Fo­rum. The Sev­eral Mea­sures on Driv­ing the In­no­va­tive De­vel­op­ment of Beijing Bank­ing & In­sur­ance Busi­ness Park has been is­sued. The park will serve as a base for Chi­nese and over­seas fi­nan­cial hold­ing groups, li­censed fi­nan­cial in­sti­tu­tions and fi­nan­cial in­fra­struc­ture plat­forms and is home to 20 or­gan­i­sa­tions in­clud­ing CIITC. In the fu­ture, the park will de­velop as a na­tional-level fi­nan­cial clus­ter, bank­ing and in­sur­ance in­no­va­tion demon­stra­tion area as well as a bank­ing and in­sur­ance cul­ture in­cu­ba­tor with bank­ing and in­sur­ance as its core.

Beijing's in­no­va­tion park for over­seas Chi­nese is an in­no­va­tion clus­ter jointly built by the Over­seas Chi­nese Af­fairs Of­fice of the State Coun­cil and the Beijing Mu­nic­i­pal Govern­ment, with a planned area of 13.34 sq.km. The park is de­signed to serve over­seas Chi­nese in­no­va­tion, co­op­er­ate with the Shi­jing­shan Park of Zhong­guan­cun Sci­ence Park and cre­ate an op­ti­mal en­vi­ron­ment for over­seas Chi­nese in­no­va­tion. So far, more than 100 com­pa­nies funded by over­seas Chi­nese have clus­tered in the park, cov­er­ing sev­eral cut­ting-edge sec­tors such as big data, in­tel­li­gent med­i­cal treat­ment and in­tel­li­gent man­u­fac­tur­ing. In ad­di­tion, the park con­tains sev­eral sub-parks such as those for the demon­stra­tion of open­ing-up and ex­pand­ing ser­vices, and mass in­no­va­tion. The park func­tions as a ser­vice plat­form for the shar­ing of over­seas Chi­nese com­pa­nies' re­sources and the com­mer­cial­i­sa­tion of sci­en­tific and tech­no­log­i­cal achieve­ments.

Pre­ci­sion Ser­vices

Shi­jing­shan Dis­trict con­tin­ues to im­ple­ment Beijing's poli­cies on op­ti­mis­ing the busi­ness en­vi­ron­ment, help­ing com­pa­nies meet the World Bank's favourable con­di­tions and im­prov­ing the dis­trict's com­mer­cial en­vi­ron­ment. The dis­trict first pi­loted re­forms in the regis­tra­tion sys­tem in Beijing and launched pre­ci­sion ser­vices for com­pa­nies, in­clud­ing by es­tab­lish­ing the city's first cor­po­rate fi­nan­cial ser­vice plat­form for bank­ing and in­sur­ance com­pa­nies, is­su­ing fi­nan­cial ser­vice and health­care cards, and con­struct­ing apart­ments for tal­ented per­son­nel, to meet the liv­ing needs of high-level tal­ent.

Shi­jing­shan is fo­cused on sat­is­fy­ing the de­mands of com­pa­nies, op­ti­mis­ing its busi­ness en­vi­ron­ment and ex­pe­dit­ing the clus­ter­ing of cut­ting-edge sec­tors. It has in­tro­duced 19 poli­cies re­gard­ing pub­lic ser­vices, in­dus­trial de­vel­op­ment and the de­vel­op­ment of parks. To at­tract more com­pa­nies, the dis­trict pro­vides im­por­tant projects and com­pa­nies with favourable con­di­tions such as eq­uity in­vest­ment and sub­sidises those that have con­trib­uted to the lo­cal econ­omy and in­no­va­tion when they en­gage in tech­ni­cal ren­o­va­tion and in­no­va­tion. To at­tract high-level tal­ent, it is­sues “Shi­jing­shan tal­ent green cards” and es­tab­lishes a spe­cial ser­vice se­cu­rity fund to of­fer high-level pro­fes­sion­als with com­pre­hen­sive ser­vices in aca­demic re­search, health and chil­dren's ed­u­ca­tion. The dis­trict also en­cour­ages the growth and de­vel­op­ment of in­dus­trial plat­forms by sub­si­dis­ing the pre­lim­i­nary op­er­a­tion of in­dus­trial chains. Shi­jing­shan has taken many steps to sup­port com­pa­nies with pref­er­en­tial poli­cies by cre­at­ing an op­ti­mal busi­ness en­vi­ron­ment and guid­ing im­por­tant com­pa­nies to­wards high-end and cut­ting-edge de­vel­op­ment mod­els.

Shi­jing­shan Dis­trict will ful­fill Beijing's ur­ban mas­ter plan; take the op­por­tu­nity of­fered by the 2022 Win­ter Olympic Games to im­prove its en­vi­ron­ment and at­tract more com­pa­nies; and de­velop into a de­vel­op­ment core in west­ern Beijing and a hot­bed for in­vest­ment in Beijing's cen­tral ur­ban area.

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