Beijing Central Business District ranks ninth in the world

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Beijing Central Business District (CBD) ranks ninth among all metropolitan central business districts around the world and the first in China, according to a report on the attractiveness of the major global CBDs released on the 2017 Annual Conference of World CBD Alliance.

The CBD will launch a connective mechanism to bridge the credit evaluation system and the building management system, which will enable regulations on business conduct and minimize financial risks for companies within the area, said the district's authorities at a meeting in Chaoyang District on Jan. 9.

In 2017, the science and technology service and the cultural creativity industry has accounted for 15 percent of the CBD's economic volume, with 6,000 new technology service companies registered in the business district.

The CBD will continue its strict regulation on the business conducts of the registered companies in 2018, said Guo Liang, deputy director of the Beijing CBD Administrative Committee. The business district has already built a credit evaluation system, embedding a credit risk assessment model, which enables the real-time evaluation of enterprises' risks.

It will also develop a smart building brand, explore new models of regional economic transformation and upgrading, and promote the quality and efficiency of industrial space in the future.

The CBD Administrative Committee will also work with the sub-district office, transport department and other sectors to explore new modes of regional traffic improvement. Meanwhile, the committee will better use the platforms, including the business association and business cultural activities, to improve the quality of human resources and attract more talents to the business district to contribute to the construction of Beijing as the center for international trade.

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