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The Beijing central business district, or Beijing CBD (), is a
central business district A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...
and the primary area for
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
, media, and business services in Beijing,
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
. Beijing CBD occupies 3.99 km2 of the Chaoyang District on the east side of the city. Geographically situated to the east of the city center, sandwiched between the 3rd Ring Road and the
4th Ring Road The 4th Ring Road () is a controlled-access expressway ring road in Beijing, China which runs around the city, with a radius of approximately from city centre. The total length of the road is . There are 147 bridges and viaducts that run the ...
, the Beijing CBD is currently undergoing large-scale development.


Economic history and importance

As Beijing is becoming one of the most important
international financial center A financial centre ( BE), financial center ( AE), or financial hub, is a location with a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to ...
s in China, Beijing CBD was recently positioned as the secondary core area in Beijing's International Financial Center Development strategic plan published in May, 2008. Beijing CBD is also emerging as China's media center as Beijing Television Station (BTV) just moved in its new headquarters ( Beijing TV Centre) in this area and the new CCTV Headquarters was officially opened on the night of 15 June 2008. In the eight years since the government decided to speed up construction of the district, the Beijing CBD has attracted 117 Fortune 500 businesses in the financial, media, information technology, consulting and service industries. More than 60 percent of overseas-funded companies in Beijing are in the CBD. A majority of foreign embassies in Beijing - the No 1, No 2 and No 3 embassy districts are now concentrated in the Beijing CBD and its neighboring areas. The Beijing CBD Administrative Committee, established in 2001, is in charge of planning and management and aims to facilitate investments and improve the work environment for professionals. The committee provides information to investors on laws, taxes and state policies as well as a one-stop service, which has simplified approval procedures and raised efficiency. The establishment of the Beijing CBD Chamber of Finance, the Beijing CBD Chamber of Media Industry and Beijing CBD Association of Property Management & Real Estate Development has facilitated communication and cooperation between the government and enterprises. The Beijing CBD International Business Festival and Beijing CBD International Forum have put the Beijing CBD on the map worldwide.


Skyscrapers in the Beijing CBD

* China Zun * China World Trade Center Tower III * Beijing Yintai Centre * Beijing TV Centre * Fortune Plaza * CCTV Headquarters * Jing Guang Centre * China World Trade Center * SK Tower Beijing * China World Trade Center Tower III Phase B


Education

* Beijing Ritan High SchoolBrief Introduction

Archive
. Beijing Ritan High School. Retrieved on October 16, 2015. "No. 4 Guanghua Xili, Chaoyang District, Beijing,
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
"


See also

* Beijing Financial Street * List of economic and technological development zones in Beijing


References

{{DEFAULTSORT:Beijing Central Business District Central business districts in China Chaoyang District, Beijing Economy of Beijing
Central business district A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...