The capital will carry out supportive policies on finan

 land and talent recruitment to attract companies and people engaged in high-end industries to settle down in the city, he added.

Furthermore, Beijing will guide districts to cultivate different industries to avoid repetition and overlap.

Beijing’s Haidian district focuses on high-tech development and innovation. It realized a GDP of 648 billi

on yuan ($96 billion) in 2018, eight times the average district’s level in the city. GDP per capita in the

district reached $28,000, or eight times the standard of moderately developed countries.

At present, the tertiary sector has become the biggest contributor to Haidian’s economy, whic

h now makes up around 90 percent of the total and is similar to levels in New York and Tokyo.

Innovative and capital-intensive industries such as information technology, finance and education provide

the bulk of Haidian’s GDP. The district has attracted several well-known domestic and overseas companies inclu

ding 31 unicorn enterprises — startups worth more than $1 billion — and 933 listed enterprises.

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