Beijing ETOWN

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Beijing ETOWN (sometimes rendered as Beijing E-Town) is an economic development initiative of the Beijing municipal government for fostering high tech manufacturing through the administration of industrial parks and investment funds.

Beijing Economic-Technological Development Area

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The initiative includes the Beijing Economic-Technological Development Area (BDA), a state-level industrial area located in the Daxing district that was chartered by the Beijing government in 1994. Within the BDA are six industrial parks, the China New Media Industrial Park, Biopharmaceutical Industrial Park, New Energy and Automobiles Industrial Park, Manufacturing-Oriented Services Industrial Park, Military and Civilian Industrial Park, and New Airport Industrial Park.[1] BDA has significantly grown since establishment with a stated receipt by 2013 of more than $40 billion in investment by 6,000 companies from around 30 countries and regions, and production in 2013 that equaled half of the city's industrial output.[1][2]

References

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