Recently, the Municipal Development and Reform Commission solicited public opinion on the “Several Measures to Further Promote the Development of Private Investment in Beijing (Draft for Comments).” The draft proposes 20 measures to promote private investment, including supporting private enterprises in participating in more scientific and technological research tasks and promoting the fair opening of major national research infrastructure to private enterprises.

To implement national and local requirements for promoting private investment, the Municipal Development and Reform Commission recently reviewed the current status of private investment in various fields within the city, analyzed existing problems, and drafted the “Several Measures to Further Promote the Development of Private Investment in Beijing.” These measures are developed in accordance with national requirements, with specific work measures for each item. Focusing on the city’s development stage and industrial characteristics, the measures aim to continuously expand private investment space, strengthen factor guarantees, and further improve safeguard mechanisms in areas such as basic research and scientific research, high-end industries, urban renewal, and green economy, which are intended to attract and support private investment.

The “Several Measures” propose 20 policy measures, nearly half of which focus on expanding investment space. For example, for projects reported to the national level or approved (or authorized) by the city, such as railways, toll roads, and urban renewal with certain returns, a special feasibility study on private capital participation is required. For projects meeting conditions, the private capital shareholding ratio can be above 10%. For new (including renovation and expansion) infrastructure and public service projects in the city involving sewage treatment, waste disposal, public parking, and sports, if a franchising model is adopted, the participation requirements for private enterprises must be strictly implemented.

The draft proposes to make good use of the city’s high-end industry development project funds to support private enterprises in actively participating in high-end industries such as artificial intelligence, healthcare, robotics and intelligent manufacturing, and aerospace technology. It encourages the layout of future industries, continuously improving the city’s industrial map, and supporting private enterprises in investing and deploying along the Beijing-Tianjin-Hebei key industrial chain clusters.

The Municipal Development and Reform Commission stated that the city will also support private enterprises in participating in more scientific and technological research tasks, promote the fair opening of major national research infrastructure to private enterprises, and encourage institutions such as central universities, research institutes, and enterprises in Beijing to share research facilities and instruments through the Capital Science and Technology Conditions Platform.

Regarding key aspects of achievement transformation, the draft clarifies support for private enterprises in establishing concept validation and pilot test platforms, collaborating with upstream and downstream enterprises to gather validation needs and jointly build pilot test lines, and encouraging large enterprises, universities, and research institutions to open their internal concept validation and pilot test capabilities to private enterprises.

Beijing will continuously optimize the private investment environment. Specific measures include: timely cleaning up policies that hinder fair competition and unified markets, conducting fair reviews on new policies, fully implementing the negative list system for market access, strictly implementing new requirements for government and social capital cooperation to maximize encouragement of private enterprise participation, strictly controlling the franchising implementation process, and continuing to strictly implement systems related to the bidding field to prevent any form of improper exclusion of private enterprises.

In terms of strengthening factor support, the draft clarifies the role of government investment funds in guiding more capital toward private investment projects, developing more medium- and long-term credit guarantee products, improving comprehensive enterprise financing credit service platforms, the “Zhongguancun Leading Score,” and key project financing docking mechanisms to strengthen equity financing services for private enterprises, continuing to increase land supply for private enterprises, and reducing enterprise costs.

It is reported that the city will improve the “regular promotion + precise docking” mechanism, incorporating eligible private investment projects into the city’s key project scheduling service mechanism to improve project implementation efficiency. In accordance with national requirements, a dynamic list of measures to promote private investment in growth areas will be established and updated to address bottlenecks and difficulties.

Beijing

Beijing, the capital of China, is one of the world’s oldest cities, with a history spanning over 3,000 years. It served as the imperial capital for the Ming and Qing dynasties, leaving landmarks like the Forbidden City and the Great Wall nearby. Today, it stands as a vibrant modern metropolis, blending ancient cultural heritage with rapid contemporary development.

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Beijing

Beijing, the capital of China, is one of the world’s oldest continuously inhabited cities, with a history spanning over 3,000 years. It served as the imperial capital for several dynasties, including the Ming and Qing, and is home to iconic landmarks like the Forbidden City and the Great Wall. Today, it stands as a vibrant modern metropolis, blending ancient traditions with rapid contemporary development.

Forbidden City

The Forbidden City, located in the heart of Beijing, China, served as the imperial palace for 24 emperors during the Ming and Qing dynasties from 1420 to 1912. Constructed under the Yongle Emperor, it is a sprawling complex of nearly 1,000 buildings and is a masterpiece of Chinese architecture and design. Today, it is a UNESCO World Heritage Site and houses the Palace Museum, showcasing centuries of Chinese art and history.

Great Wall

The Great Wall of China is a series of fortifications built across northern China to protect against invasions and raids. Construction began as early as the 7th century BCE, with major additions during the Ming Dynasty (1368–1644). Today, it is a UNESCO World Heritage site and one of the most iconic symbols of Chinese history and culture.

Zhongguancun

Zhongguancun, located in Beijing’s Haidian District, is a renowned technology hub often called “China’s Silicon Valley.” Its origins trace back to the 1950s as a cluster of universities and research institutes, but it transformed into a center for electronics and innovation after China’s economic reforms in the 1980s. Today, it hosts numerous tech companies, startups, and leading institutions, playing a key role in China’s technological development.