Beijing Economy

The economy of Beijing has changed dramatically since 1949. Traditionally the city was primarily an administrative and cultural center because of its far distance from the country's key economic area, the Yangtze River valley. In the 1990s, however, the environment began to change as the private sector began to take off. Foreign investors began to understand the importance of China as a world economic power, and residents of Beijing continue to witness massive economic growth, structural expansion, and technological modernization. Entrepreneurs were quick to open bars, clubs and restaurants to accommodate the new generation of people who benefited fiscally from this expansion.

As the economy continues to boom on both the local and global levels, Beijing business is one of the hottest topics in the world. The Beijing 2008 Olympic Games have attracted both foreign and domestic travelers, giving this thriving city further exposure to the outside world. Paired with the fact that foreign trade and global economic cooperation are thriving, Beijing is one-of-a-kind business environment that offers countless opportunities.