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Beijing E-Town attracted USD 2.73 bln in H1 2012

Jul. 30, 2012 (China Knowledge) - Beijing E-Town, a triple-A rated industrial park, attracted some 133 enterprises with investments over USD 2.73 billion in the first half of 2012.

Its four pillar industries that include electronics and information technology, bioengineering and new medicine, automobile and equipment manufacturing, generated RMB 95.3 billion in gross industrial output, according to figures released by the BDA Statistical Bureau.

The bioengineering and new medicine becomes the fastest growing industry among the four pillar industries that continued to keep up a double-digit growth during the six-month period.

From January to June, Beijing E-Town approved US$2.73 billion worth of new investments that accounted for 57% of its annual target, of which, US$ 460 million derived from foreign invested enterprises and those from Hong Kong, Macau and Taiwan, reflecting a YoY increase of 78.3%.

At the end of May 2012, 4989 enterprises had settled in the park including 576 foreign invested enterprises, and its accumulated foreign direct investments or FDI amounted to US$5.02 billion.

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