Zhongguancun Technology Park is China’s leader in IT development and is often praised as the “Silicon Valley of China.” Time Magazine has named it the cradle of new technological enterprises in China, which has ushered China into the information age.

 

Today in Zhongguancun, there are a total of 18,000 enterprises specializing in new and innovative technologies, 650 of which are enterprises with capital totaling over one hundred million yuan. Statistics show that the gross income of Zhongguancun enterprises is more than six hundred billion dollars per annum. In fact, twenty-nine of the fifty enterprises listed in Deloitte Touche Tohmatsu‘s report on China’s Top Fifty Enterprises are located in Zhongguancun. In 2006 alone, seven enterprises in Zhongguancun were listed on overseas securities markets, bringing the total to 86. Companies originating in Zhongguancun make up half of all Chinese enterprises listed on NASDAQ. More and more enterprises in Zhongguancun are exposing themselves to the world and have excellent performance, such as, Lenovo, New Oriental, Baidu, Vimicro, Aigo, and more.

 

Zhongguancun Commercial District is also rich in cultural resources, having more than 80 universities, numerous historic and cultural sites, and more than four million talented people. Moreover, each year millions of students who have studied abroad return to China with exciting projects and choose to locate their new businesses in Zhongguancun. Due to this large influx of talent, over 3,000 enterprises are registered in Zhongguancun annually, making it a formidable force of independent innovation. This talent gives Zhonguancun a unique character, ensuring constant prosperity at the forefront of independent innovation in China.

 

In addition to local startups, numerous multinational banks, corporations and commercial organizations are moving into this district. As a result, Zhongguancun has become a comprehensive commercial district integrating finance, education, commerce, and technology. It is the location of choice for an increasing number of local enterprises and multinational corporations.

 

 

According to Beijing City Planning approved by the State Council of the People's Republic of China: Financial Street is recognized as the country’s financial management center, financial information center, National Banking Clearing House, headquarter community of government-owned commercial banks,major insurance companies etc financial organizations. The area shall be improved with complete commercial, office, cultural, servicing etc facilities. With the entrance of overseas financial investors, Beijing Financial Street is set to become an international finance hub.

 

Bank of China,the China Banking Regulatory Commission,the China Securities Regulatory Commission,the China Insurance Regulatory Commission 4 major finance management organizations and Bank of China, China Construction Bank, ICBC, Bank of Beijing, Minsheng Bank, Citic Bank, Huaxia Bank etc headquarters of main financial organizations; China Telecom, China Mobile, CNC, etc major telecommunications companies surround the building and are within the Office Express neighborhood.

 

The Beijing City Government has confirmed Financial Street to be the pillar of Beijing and the internationalization of Financial Street is a project in focus.

 

Financial Street has in total 11 projects in plan along the 2nd Ring Road, one of which is Winland International Finance Center and the only building which is available for lease only and without sale.

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