Beijing, Aug. 7 (Xinhuanet) -- East of Tian'anmen Square is
Beijing's "Wall Street", the thriving
Beijing Central Business District (CBD).
Since its inception in 2000, CBD has played an active role in promoting China's business development. With 3.99 sq km of floor space, the district has attracted a large number of multinational companies seeking a good location to start their businesses in China.
The US-based NASDAQ is one of many high-profile overseas stock exchanges to open an office in the
Beijing CBD.(Photo Source: China Daily)
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"The local government has made it a priority to help
Beijing CBD build a better environment for investment. We hope to make the district highly responsive to the pace of modern business development," a CBD Committee spokesman said. "A higher grade of service will help the entire city present a modern face to foreign investors."
In recent years, top corporations, international financial institutions, international media groups and various high-end professional service organizations have opened offices in the
Beijing CBD.
"I have been incredibly impressed by how fast the
Beijing CBD has developed. In the 13 years I have lived and worked here, this city has been truly transformed," Scott Kronick, president of Ogilvy Public Relations China Group, told China Daily recently. "The district represents the very best of
Beijing, and I am honored to have witnessed this development from the very early days."
The growing number of multinational companies has led
Beijing to upgrade its infrastructure. So far 45 roads have been improved. By the end of this year, more than 80 percent of construction projects of the
Beijing CBD will be completed.
With the advent of the
Beijing Olympic Games, the local government is promoting the
Beijing CBD as an industrial development platform, with many cultural, entertainment and hotel facilities located nearby, including the Capital Library, Chaoyang Theater, Happy Valley Amusement Park, and Workers' Gymnasium. Top Chinese and international hotels located near the
Beijing CBD include the Park Hyatt, the Ritz Carlton Hotel, the Sofitel Hotel, the Jianguo Hotel and China Resources Hotel.
"The
Beijing CBD will increasingly play a significant role in connecting China to the global economy in the coming years," the CBD spokesman said.
(Source: China Daily)
Stylish and modern office buildings in the
Beijing CBD provide a nice working environment for a large number of multinational companies. File Photos(Photo Source: China Daily)
