| Development of Beijing CBD in the first quarter of 2007 |
| 5/10/2007 1:1:0 Beijing CBD Administration Committee |
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1. The number of corporation to surge in Beijing CBD is increased steadily. By the first quarter, there are 4470 corporations to surge in CBD with an increase of 669 as compared to the number in the same period of last year. Additionally the service industry is the leading industry to surge in CBD and the service enterprises occupy the whole for 60%.
2. CBD financial and cultural industries maintain a good development, and the congregativeness and upgrade of financial enterprises are accelerative. The cultural corporation occupies the whole settled in Beijing CBD for about 45%.
3. Both aggregate and increment of local taxations in CBD take up one fifth of that in Chaoyang District. By the first quarter, CBD local taxations have collected 1.50634 billion yuan that takes up 23.22% of all local taxation incomes in the district with an increase of 343.38 million yuan as compared to that in the same period of last year. Additionally the taxation income from the modern service industry is 879.31 million yuan with an increase of 237.93 million yuan as compared to that in the same period of last year which contribution rate to increment of local taxations in CBD is 69.29%.
4. Actual utilization of foreign capital in CBD amounts to more than one fifth of that in the whole district and CBD is the main area to attract foreign investments. In the first quarter, actual utilization of foreign capital in CBD amounts to 127 million USD that shares 22.8% of total foreign capitals utilized in Chaoyang District.
5. In the first quarter, Beijing CBD has new 13 projects with gross investment of over 5 million USD and 15 projects with added gross investment of over 5 Million USD, including 22 CBD functional districts with obvious convergent effect.
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