9th Beijing Investment Fair highlights high-end industry

The 9th Beijing Investment Fair kicks off in Beijing on Sept 5. [Photo by Sun Muyao/chinadaily.com.cn]

Fifteen investment project contracts with a total value of around 25.18 billion yuan ($3.85 billion) were signed at the 9th Beijing Investment Fair, held on Sept 5.

The Fair is a professional platform serving domestic and overseas investors and companies, and the only major economic event to promote social and private investment in Beijing.

Compared with previous years, this year's contract projects focused more on high-end industries, including new and high technologies, efficient manufacturing-related services, and high-value cultural and creative enterprises, and were intended to promote reform of the supply front in Beijing.

This year's fair highlighted science cities in Zhongguancun, Huairou and Changping, innovation-based clusters, the demonstration area of Made in China 2025, and two cultural and creative projects -- the Songzhuan Art Center and the Big Data Industry Park for Cultural and Creative Industry.

The Beijing Municipal Commission of Economy and Information Technology explained the key policy on high-end industries -- the ‘3458 Strategy" -- which aims to turn Beijing into a leader in Beijing-Tianjin-Hebei coordinated development and innovation and development in China's manufacturing industry.

More than 700 companies and organizations attended the fair.