Total area: 70,400 ha
Office space: 5,9 million m2
Number of companies: 40,000
Number of towers: 132
Number of employees: 500,000
About the business district
Located in the Chaoyang District of Beijing, the Beijing Central Business District (Beijing CBD) starts from the East 4th Ring Road in the east, reaches the Dongdaqiao Road in the west, abuts the Tonghui River in the south and adjoins the Chaoyang Road in the north. The State Council approved the Beijing City Master Plan in 1993, proposing “establishing a central business district covering finance, insurance, information, consultation, commerce, culture and business offices” between the East 2nd Ring Road and East 3rd Ring Road.
The industrial and spatial forms of Beijing CBD have begun to take shape since 2000 when its construction was started, with increasingly complete modern business functions and enhanced international influence. After years of development, the CBD has now formed an industrial pattern that is led by international finance, dominated by high-end business and clustered with cultural media industry, becoming an area with the most headquarters enterprises and high-end service enterprises in Beijing.
Headquarters economy: there are over 150 enterprises in Fortune Global 500, including the Asia-Pacific headquarters or China headquarters of more than 50 multinational companies, such as Samsung, Shell, Alcoa, Volvo, Epson, Panasonic, Nissan, Prysmian and Canon, etc.
High-end business service: there are over 200 world-class high-end service enterprises, including PWC, McKinsey & Co and Accenture, etc.
International finance: there are over 100 international financial organizations, including such world’s top banks as Standard Chartered, Deutsche Bank, Bank of Montreal and Bank of East Asia, the Nasdaq and the New York Stock Exchange as well as the China offices of Moody’s, Fitch and S&P, with the district now hosting the most financial organizations covering the most extensive categories in Beijing.
Cultural industries: more than 2,000 internationally renowned media companies have settled in Beijing CBD, such as CCTV, BTV, Phoenix TV, Publicis Groupe, Dentsu, WPP etc. and nearly 200 international media outlets like Wall Street Journal, VOA, CNN and BBC.
Commercial real estate economy: over 20 buildings in the district have earned the LEED certification of gold level or above, and all the buildings under construction are planned and designed as per the three-star green building standard or gold level of LEED certification.
According to The Attractiveness of World-class Business Districts published by World CBD Alliance, EY and ULI in 2017, Beijing CBD ranked the 9th place in the world and the 1st place in China. It has become a world-class place for international conferences, the first choice for foreign-funded organizations to settle in China, international information communication hub, Chinese fashion culture communication center and international fashion culture landmark.
About managing company
The Beijing CBD Administrative Committee was established in 2001 to perform the development, construction and management functions of Beijing CBD on behalf of Beijing Municipal Government. The Administrative Committee includes such departments as General Office, Planning Department, Construction Department, Environment Coordination Department, Development Department, Industrial Promotion Department, Secretariat, Engineering Management Department, Engineering Coordination Department, Working Committee Office, Land Resources Development Center and Investment & Service Center, etc.
Main responsibilities of Beijing CBD Administrative Committee include:
- + To formulate and organize the implementation of the master plan and regulatory plans of the CBD and special plans for transportation, municipal administration and environmental landscape.
- + To formulate and organize the implementation of the development plan, exploitation and construction plan and related policies for the CBD.
- + To review and approve the development and construction projects in the CBD.
- + To draw up the land reserve and primary development plan of the CBD and cooperate with related departments to implement it; be to in charge of coordinating the demolition work of construction land.
- + To coordinate the information construction of the CBD.
- + To be in charge of the management of outdoor advertising, supporting service facilities, square green space and important landscapes in the CBD.
- + To formulate environmental landscape standards and management standards in the CBD, and coordinate relevant municipal and district-level departments, sub-district offices and township governments to implement relevant management work in the CBD.
- + To be in charge of brand planning, external publicity, investment attraction and industrial promotion of the CBD.