Beijing's New Economy Accounts for More Than 30%
On January 19, Data released by Beijing Municipal Bureau of Statistics shows that last year Beijing achieved a GDP of 2.8 trillion yuan, an increase of 6.7% over 2016, and the growth rate was slightly 0.1 percentage point lower than 2016. Among them, the new economy grew 9.8%, accounting for 32.4% of the city's economy, the proportion grew steadily over the previous year with a strong momentum of development. Pang Jiangqian, deputy director and spokesman of Beijing Municipal Bureau of Statistics said: "The economic dynamics of Beijing was significantly enhanced last year, one of the manifestations is the new economy leading role is further clarified." In fact, new economy represented by new industries, new formats, the new business model developed rapidly last year, accounting for 32.4% of GDP, compared with 2016 increased by 0.2 percentage points. Among them, the added value of high-tech industries was 638.73 billion yuan, up 9.5%; the added value of strategic emerging industries was 453.13 billion yuan, up 10.6% (overlaps betweenthe two). At the same time, the leading role of innovation continued to increase, and the R & D investment and output of the whole city were steadily increasing. Data show that from January to November last year, the R&D spending of the enterprises above designated size in Zhongguancun Science Park increased by 17.6%, this growth rate increased 4.4 percentage points over the previous year. In addition, among the newly established enterprises in the city last year, the proportion of enterprises in the science and technology service industry reached 36.3%, an increase of 3 percentage points over the previous year. And with the further expansion of the service sector, the market vitality of the non-public economy is also growing. From January to November last year, among the six major areas in which the service sector expanded its opening up, the revenue growth of non-public enterprises above designated size was 13.7%. This The overall growth rate was faster than the six major areas of 6.6 percentage points. It is worth mentioning that, Beijing's economic development is good, and this is evident from the investment structure. Statistics show that last year's investment in Beijing's economy maintained a relatively high growth rate. For example, leasing and business services, information transmission, software and information technology services, and tourism investment increased by 120%, 42.8% and 23.8% respectively.