Beijing's Fengtai to double high-tech manufacturing output by 2025

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Beijing's Fengtai district will implement 18 measures to further develop the smart manufacturing sector, aiming to double its high-tech manufacturing output by 2025, according to a guideline released Thursday. 

The measures include establishing smart manufacturing industrial clusters, nurturing innovative enterprises, cultivating competitive products and demonstration factories, and attracting industry-leading enterprises. 

In 2022, the number of high-tech and sophisticated enterprises above the designated size in Fengtai grew 17.1% year on year to reach 693. The district's rail traffic and aerospace industrial clusters have become nationally influential, while new industrial clusters in intelligent equipment, medicines and healthcare, and new materials have emerged. 

According to the guideline, the district plans to increase the contribution of smart manufacturing to its GDP to over 10% by 2025 and host more than 150 related enterprises above the designated size. The output of the smart manufacturing industry will account for over 15% of its GDP by 2030. Additionally, the district will allocate 23 million square meters to accommodate the needs of enterprises to expand.

The district will develop emerging industries in smart manufacturing, including high-end medical equipment and new materials, said Xue Ming, deputy director of the district's body in charge of science and technology. 

The district will offer funding and incentives to encourage innovation, and support enterprises in the application of technological achievements, according to Zhao Yanlin, deputy head of Fengtai district. Zhao pledged policy support, capital and resources to attract talent and leading enterprises.

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