Beijing to expand business facilities by 2.4M square meters

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Beijing is taking significant strides to establish itself as an international consumption center by expanding its business facilities and introducing large-scale business complexes. According to the city's commerce authority, an additional 2.4 million square meters of business space will be developed, along with the public opening of 23 large-scale business complexes.

Among these ventures, the largest business complex in northern Beijing is currently under construction and expected to open its doors to the public this year. Providing a sprawling 460,000 square meters for commercial operations, this ambitious project is anticipated to accommodate over 800 brands.

In Chaoyang district, 10 business projects are scheduled for commissioning and public opening. Among these projects is the development around the new Worker's Stadium, which spans 200,000 square meters and will host a variety of amenities, including sports venues, urban parks and commercial spaces. Additionally, Dongba Wanda Plaza plans to offer an immersive shopping experience with over 240 brands. Moreover, a business block in the Central Business District (CBD) will offer digitally-enhanced interactive experiences and high-quality dining spaces after its renovation.

Beijing will also develop international consumption experience areas. Prominent locations, such as Wangfujing, Xidan and Qianmen, the CBD and Sanlitun, Universal Studios and the Canal Business District, as well as Lize and the New Business District, will be incorporated into this visionary plan, elevating the city's appeal for both locals and global visitors alike.

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