Brief Introduction of Beijing City – Economic Profile (data for 2018)

 

Area 16,400 sq. km
Population 21.542 million
GDP 3032.00 billion
Main Industry Automotive industry, petrochemical industry, food industry, information industry, pharmaceutical industry, metallurgical building materials industry, equipment manufacturing industry, forestry
FDI USD 17.31 billion
Main Export Commodities Grain and grain powder, clothing and clothing accessories, cars and car chassis, iron alloy, textile yarn, weaving material and products, steel, Lai ammonia acid, a new inflatable rubber tires, furniture and parts, footwear
Main Import Commodities Auto parts, cars and car chassis, metal processing machine tools, iron ore, measuring and testing analysis control instrument and apparatus, piston type internal combustion engine parts, steel, mould and metal foundry type box, chrome ore, rubber or plastic processing machines
Export Amount of Goods RMB 487.85 billion
Import Amount of Goods RMB 2230.39 billion
Number of Visitors It received 4.004 million inbound tourists, an increase of 2.0%. Among them, 3.398 million were foreigners, up 2.3%; The number of tourists from Hong Kong, Macao and Taiwan reached 606,000, up 0.1 percent. Foreign exchange revenue from tourism totaled us $5.52 billion, up 7.5%. Total tourism revenue at home and abroad reached 592.1 billion yuan, up 8.3 percent. The number of outbound tourists organized by travel agencies fell by 0.1 percent to 5.109 million.
Data source (URL) http://www.bjstats.gov.cn/tjsj/tjgb/ndgb/201903/t20190319_418980.html

 

Trade and Investment between Beijing and Macao

In 2018, two-way trade between Beijing and Macao reached us $433 million, up 94.2% year-on-year. Of this amount, exports reached us $424 million, up 96.8% year on year. Imports amounted to us $0.09 billion, up 20.3 percent year on year. Beijing and Macao achieved us $173 million in service trade, down 2.8% year-on-year, including us $92 million in service export, up 15% year-on-year, and us $81 million in service import, down 17.3% year-on-year.

In 2018, Macao approved the establishment of 177 foreign-invested enterprises in Beijing, with a total foreign capital of us $230 million. From January to December 2018, six new enterprises were established in Beijing, with actual investment of us $2.02 million. Investment mainly involves real estate, manufacturing, wholesale and retail industries. Beijing has invested 23 enterprises in Macao, with a total direct investment of 7.7229 million us dollars, mainly in the fields of real estate development, garment processing, sales, import and export trade, etc. Among them, in the whole year of 2018, 2 zhuhai enterprises increased their direct investment in Macao by us $2,292,700.

 

Trade and Investment between Beijing and Portuguese Speaking Countries

As of December 2016, Brazil has approved the establishment of 38 foreign-invested enterprises in Beijing with a cumulative total investment of us $61.35 million. Portugal has approved the establishment of 12 foreign-funded enterprises in Beijing, with a total investment of us $510,000. Angola has approved the establishment of two foreign-funded enterprises in Beijing, and has no real investment. Investment in manufacturing, wholesale and retail, leasing and business services.

Information sources

Department Of Commerce Of Hebei Province: http://sw.beijing.gov.cn/

Beijing Statistical Information Net:

http://www.bjstats.gov.cn/tjsj/tjgb/ndgb/