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Xicheng District People's Government of Beijing Municipality

Key Industry

The district's industrial structure is being optimized, relying on the distinct characteristics of a key central district of the Chinese capital. Xicheng District has a booming tertiary industry, the added value of which reached 480.82 billion yuan in 2020, 95 percent of the district's GDP. Some sectors of the tertiary industry, including finance and insurance, real estate, commerce and services, scientific and technological information consultancy and cultural tourism have become pillars of Xicheng District's economic growth, giving the district an edge over its counterparts in Beijing and elsewhere in China. Meanwhile, modern services, high-tech and cultural innovation industries are expanding rapidly.

In 2020, Xicheng District's gross output value of industry above designated size has achieved 55.63 billion yuan. And the gross sales value of industry above designated size has risen to 56.19 billion yuan.

Total sales of wholesale trade have reached 573.96 billion yuan. Total sales of retail sale trade have amounted to 82.11 billion yuan. Accommodation enterprises' revenues have totaled 4.05 billion yuan. And enterprises in catering trade have achieved total revenues of 9.45 billion yuan.

In 2020, local financial institutions have achieved various RMB deposits of 5033.21 billion yuan, down 2.1 percent year on year. And they have achieved various RMB loans of 2912.78 billion yuan, presenting an 8.2 percent rise year on year. Preliminary statistics shows that added value of the finance industry has reached 265.38 billion yuan, an increase of 1.7 percent over the previous year.

The tourism revenues of A-level and above tourist attractions (spots) and other major tourist attractions (spots) have reached 350 million yuan, down 62.5 percent year on year. To be more detailed, ticket sales have reached 270 million yuan. And the number of tourists received has reached 34.712 million, down 53.4 percent over the previous year.


Sponsored by Xicheng District People’s Government of Beijing Municipality

Undertaken by Xicheng District Media Convergence Center

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