A symposium focused on the global expansion of Beijing’s private enterprises took place on Thursday, showcasing the local government’s commitment to fostering international trade and enhancing the competitiveness of local businesses.
During the event, representatives from various trade authorities and commerce associations outlined plans for 2025, which include establishing more professional platforms designed to support the international ambitions of Beijing’s private sector. The goal is to accelerate the overseas deployment of industrial chains, thereby facilitating smoother entry into global markets.
The symposium, organized by the China Council for the Promotion of International Trade Beijing Sub-council (CCPIT Beijing), in collaboration with the Beijing Municipal Bureau of Economy and Information Technology, the Beijing Federation of Industry & Commerce, and the Beijing Chamber of International Commerce, brought together over 60 enterprise representatives. This gathering aimed to gain insights into the challenges and needs faced by private enterprises as they pursue global expansion.
In 2024, private enterprises in Beijing reported an impressive import and export volume of 435.28 billion yuan (approximately US$60.9 billion), marking an 11.9% increase from the previous year. This figure accounted for 12.1% of the city’s total foreign trade, reflecting a robust enthusiasm among firms for international growth.
Li Xiangying, chairperson of CCPIT Beijing, emphasized the council’s commitment to enhancing cooperation with enterprises. She announced plans to provide comprehensive support services, including access to overseas market information, financial assistance, legal support, and security measures. These initiatives are aimed at helping businesses navigate new markets and mitigate operational risks abroad.
As Beijing continues to strengthen its position in the global economy, the symposium serves as a crucial step in empowering local enterprises to thrive on the international stage.
