Investment program for Beijing’s south

Beijing’s municipal government has outlined plans for its investment package for the south of the capital city. A total of 260 major projects are to be realized over the next five years, with a combined volume of 590 billion yuan, or more than 80 billion euros. The development commission expects a significant boost to Beijing’s economy as a result. More than two-thirds of the invested capital is to be used to establish four new industrial zones.