The number of unicorn companies in Haidian makes

2019年4月10日

上海龙凤

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 up a fifth of the total number in China. Up to 51 companies in the district realized annual revenue of more than 10 billion yuan. Baidu Inc, Cambricon Techno

logies Corp and Beijing Dream Ink Technologies Co have become global leaders in various cutting edge technologies.

“The fruitful results in Haidian’s scientific innovation sector are due to the increasing investment i

n research and development,” said Dai Binbin, head of the district. “In 2018, Haidian’s R&D intensit

y was 4.6 times the national level, and higher than levels in the Republic of Korea and Japan.”

Beijing’s Xicheng district, where many domestic and oversea

s financial companies and organizations are located, has carried out a series of policies to boost the

financial sector’s development, and is another example of the capital’s high-quality growth.

For instance, the district government provides subsidies of up to

50 million yuan to newly set up financial organizations. For financial companies that m

ove into the district, the government gives subsidies to help them offset rent and capital purchases.

For high-end talent, both local and foreign, the district offer

s better resources in medical care, education and living arrangements.

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