Beijing-Tianjin-Hebei region registers GDP of 8.6 trillion yuan in 2020
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E-mail China.org.cn, March 2, 2021
China's Beijing-Tianjin-Hebei region registered a GDP of 8.6 trillion yuan (US$1.33 trillion) in 2020, according to data released by Beijing's statistics authority on Monday.
Specifically, Beijing, Tianjin, and Hebei reported GDPs of 3.61 trillion yuan, 1.41 trillion yuan, and 3.62 trillion yuan, respectively, up 1.2%, 1.5%, and 3.9% from the previous year.
In the past year, companies from Beijing and Hebei made a total investment of 143.84 billion yuan in Tianjin, accounting for 49.1% of all domestic investment in the municipality.
Furthermore, over 300 companies from the region and other parts of the country have registered in the Tianjin Binhai-Zhongguancun Collaborative Innovation Demonstration Base. More than 300 companies have registered in the Beijing-Tianjin ZGC Tech Town in Tianjin's Baodi district, with a registered capital of 4.76 billion yuan.
In addition, Beijing, Tianjin, and Hebei have jointly built 95 industrial technological innovation alliances of various types, effectively enhancing the technological innovation capabilities of companies in the region.
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