Beijing E-Town posts 9.6% annual GDP growth in 2021-2025 period

Beijing Economic-Technological Development Area, also known as Beijing E-Town in the city's southeast, has posted an average annual GDP growth rate of 9.6% during the 14th Five-Year Plan period (2021-2025), with total output surpassing 360 billion yuan ($50.41 billion), local officials said Thursday.

In the first half of 2025, the zone's economy expanded 12.3%, registering the fastest pace among major national development zones and contributing to more than 15% of Beijing's overall growth.

Industrial output reached 600 billion yuan, accounting for 25.8% of the city's total. Although the zone covers just 1.37% of Beijing's land, it generates nearly 40% of the city's industrial added value. Key industries, including automobiles, semiconductors, and electronics, each grew more than 20% in the first half.

The service sector has also gained ground, with the ratio of secondary to tertiary industries shifting from 65:35 in 2020 to 59:41 in 2024. Information services revenue jumped 23.8% in the first half, wholesale and retail sales rose 25.4%, and the net income in the financial sector increased by 31.4%.

Fixed-asset investment has grown by more than 28% annually on average. Corporate research spending has risen an average of 18.8% a year, keeping the zone the city's second-largest hub for R&D.