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Beijing to take new measures to open service industry wider
2019/3/4 15:46:40 Source:Xinhua

Beijing will roll out a series of measures on business registration, negative list management and investment supervision to welcome more investment in its service industry, authorities have said.

According to a meeting held on Saturday, a list of key enterprises in areas of education, healthcare, elderly care, science and technology, Internet and information services, financial services, culture and tourism will be identified so as to attract more investment.

The four districts of Chaoyang, Haidian, Tongzhou and Shunyi and another 12 parks including the Zhongguancun science park will be earmarked as pilot demonstration areas for investment in the service industry.

Beijing carried out a three-year pilot scheme to open its service industry wider to foreign investment for more market vitality from 2015 to 2018.

Thanks to the scheme, value added in the service industry accounted for 81 percent of the city's GDP in 2018, an increase of 3.1 percentage points on 2014.

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