The Beijing Municipal Government Work Report for 2026 indicates that in 2025, Beijing's economy achieved leapfrog growth, with the city's regional GDP increasing by 5.4%. On January 25, the Fourth Session of the 16th Beijing Municipal People's Congress deliberated on the report regarding the implementation of Beijing's 2025 plan for national economic and social development and the 2026 draft plan (hereinafter referred to as the Plan Report). The key tasks for Beijing in 2025 outlined in the Plan Report have been reviewed, using figures to illustrate the city's journey of leapfrog growth over the past year.
Policy support was pivotal, with small, medium, and micro enterprises as well as individual businesses obtaining loans totaling 674.2 billion yuan. The Plan Report points out that in 2025, the momentum of Beijing's economic recovery continued to strengthen, with policy tools concentrating their efforts to provide powerful impetus for regional economic development. In 2025, Beijing established a central fund project reserve mechanism, independently reviewed and issued 123.3 billion yuan in local government special bonds, and was among the first in the country to pilot the injection of special bond funds into government investment funds. Simultaneously, an implementation plan was issued to accelerate the construction of a sci-tech finance system to strongly support high-level self-reliance and strength in science and technology; the National Venture Capital Guiding Fund and the Beijing-Tianjin-Hebei Regional Fund were launched, facilitating the establishment of a number of venture capital funds for central state-owned enterprises.
Focusing on scientific innovation and the development of small, medium, and micro enterprises, Beijing issued 664.33 billion yuan in sci-tech innovation bonds. Technological innovation and transformation relending supported over 1,400 enterprises in obtaining loans close to 70 billion yuan. Furthermore, Beijing conducted a "Large-scale Visits to Thousands of Enterprises and Ten Thousands of Households" initiative, through which small, medium, and micro enterprises and individual businesses secured loans amounting to 674.2 billion yuan. Multiple policies were released to promote the entry of medium- and long-term funds into the market, foster venture capital and equity investment, and facilitate mergers and acquisitions. The number of listed companies on the Beijing Stock Exchange reached 288, with a total market capitalization exceeding 860 billion yuan.
Mutual promotion of supply and demand was evident, with municipal government fixed asset investment allocations reaching 82 billion yuan. In 2025, Beijing accelerated the construction of an international consumption center, implemented special actions to deepen reforms and boost consumption, and gained approval as a national pilot for the construction of new consumption formats, models, and scenarios, as well as for the development of an international consumption environment. Under this interplay of supply and demand, consumer demand was continuously unleashed. The Plan Report shows that in 2025, Beijing allocated 7.65 billion yuan in coordinated funds to intensify and expand the reach of trade-in programs, driving sales of approximately 65 billion yuan.
In promoting the integration of culture, commerce, sports, and tourism, distinctive commercial facilities such as Wanli made their debut, the number of newly opened flagship stores exceeded one thousand for the first time, and 306 new "Beijing Gifts" were added. Additionally, 2,295 various large-scale events were held. Beijing launched a city-wide scenic spot ticket purchasing service platform, introduced over 100 curated "Strolling Beijing" routes, and saw service consumption grow by 5%.
Investment served as a crucial force in driving economic growth. The Plan Report indicates that in 2025, Beijing's "3x100" key projects progressed smoothly, with all 640 major municipal and district-level projects commencing construction. Fixed asset investment grew by 5.5%, investment in high-tech industries surged by 40.1%, and investment in key industries accounted for over thirty percent of the total. Municipal government fixed asset investment allocations amounted to 82 billion yuan, with 12 billion yuan used to support 233 new kinetic energy projects, including commercial aerospace.
In 2025, Beijing optimized and adjusted real estate-related policies, accelerated the fulfillment of commitments for supporting facilities around commercial residential areas, and transacted 181 hectares of land for commercial residential purposes throughout the year. Regarding urban renewal, the renovation of 1,225 old residential communities was completed, elevators were added to 869 old buildings, and 1,007 residential elevators were replaced, continuously unleashing the potential of renewal initiatives.
Emerging industries saw cumulative data sharing exceed 31 trillion records. As urban transformation and development advanced, changes brought by emerging industries and technologies rapidly materialized. The Plan Report shows that in 2025, Beijing continuously promoted the quality upgrade of its advantageous industries and maintained its leading national position in the digital economy. In terms of industrial upgrading, Beijing launched multiple new energy vehicle models in 2025. A number of domestic and international pharmaceutical R&D institutions settled in the International Medicine Innovation Park, 6 innovative drugs and 28 innovative medical devices were approved for market launch, and construction began on the country's first biopharmaceutical active pharmaceutical ingredient project by a multinational pharmaceutical company. The value-added of industrial enterprises above the designated size grew by 6.1%.
In 2025, Beijing successfully hosted the robot "Two Sessions and One Competition," and the world's first embodied intelligent robot 4S store opened in Beijing. Concurrently, Beijing held the Global 6G Development Conference, built a small-scale 6G experimental network, and established the Beijing Quantum Plan Industrial Center. Citywide, 3 new municipal- and district-level integrated development demonstration zones for advanced manufacturing and modern services were added, along with 32 pilot enterprises. Eight national key laboratories were completed within the Tsinghua National Key Laboratory integrated development demonstration park.
Currently, the digital economy is burgeoning. The Plan Report indicates that Beijing maintained a leading national level in digital economic development. In 2025, Beijing issued implementation opinions on building a comprehensive data要素 pilot zone and deepening reforms for the market-oriented allocation of data要素, established the Beijing Data Group, and put the Beijing Digital Intelligence Innovation Center into operation. A regional functional node of the national data circulation and utilization infrastructure was completed. The municipal big data platform added over 520 billion shared data records, cumulatively sharing more than 31 trillion records. The value-added collaboration network for data circulation and utilization listed 4,859 data products, and the transaction volume on the Beijing Big Data Exchange increased by 172% year-on-year.
Green transformation efforts culminated in the cumulative construction of 490,000 charging piles. The development of green ecological technologies is transforming urban development models. As a frontrunner in green technology, Beijing possessed 69,000 valid invention patents for green technologies in 2025, maintaining its leading national position. The Plan Report shows that in 2025, the national voluntary greenhouse gas emission reduction trading market commenced operations, with trading volume exceeding 8 million tons and transaction value surpassing 570 million yuan. Simultaneously, the first batch of national pilot projects for product carbon footprint certification was launched, and the ESG report disclosure rate for Beijing's listed companies reached 68%.
In promoting the development of the new energy industry, Beijing implemented regulations on the development and utilization of renewable energy in 2025, released a hydrogen energy industry standard system, and, following the completion and acceptance of the National Hydrogen Fuel Cell Vehicle Quality Inspection and Testing Center, accelerated the progress of 11 new energy storage pilot projects. The country's first new protein sci-tech innovation base commenced operations. Regarding green energy utilization, Beijing accelerated the construction of fifth-façade photovoltaic application projects and initiatives for bringing green electricity into Beijing in 2025. Over 44 billion kilowatt-hours of green electricity were调入 from outside the city for the year, cumulatively building 490,000 charging piles, 1,044 super charging stations, and 383 battery swap stations.
Furthermore, Beijing hosted the Global Energy Interconnection Conference, the Global Energy Transition Forum, and the Beijing Green Development Forum, among others, providing a deeper theoretical foundation for green development while helping a batch of green exchange and cooperation outcomes serve the nation and go global.