BEIJING – An industrial park focused on economic and technological cooperation between China and Germany opened in Beijing on Thursday.
Approved by the National Development and Reform Commission of China, the Beijing China-Germany Industrial Park is a nationwide cooperation project between the two countries.
Major industries highlighted in the park include new energy smart vehicles, smart equipment and industrial internet sector, science and technology services, trade shows, and the digital economy.
With a total planned area of ââ20 square kilometers, the park is made up of two distinct districts in the northeast of Beijing, both with convenient transportation links to Beijing International Airport, major exhibition venues and others. industrial parks and upscale areas of the city.
Leading German management expert Hermann Simon praised the park’s advantages in terms of location, global talent and industrial ecosystem during the inaugural ceremony via video link.
The park has so far brought together more than 70 German-funded companies, including Mercedes-Benz and BMW, with total annual production exceeding 30 billion yuan (about 4.71 billion dollars).