Economic development of foreign investment in our district has experience periods and stepped over four stages.

    The first period: the inviting foreign investment focused on the enterprises of the catering trade and the recreational services, such as Beijing Playground, Tiantan Restaurant, Renren Great Tavern, and Ledali Industrial Company.

    The second period: the inviting foreign investment fruits focused on the manufacturer enterprises in high technology, such as Beijing Chaolongda New Technology Ltd, Corporation, Duoyuan Information Technology Industry (China) co, LTD and Duo Yuan Clean WATER Technology Industries (CHINA) co, LTD.

    The third period: with the New World Groups as the presentation, the mail of inviting foreign investment enterprises are real estate ones, such as the first stage development of Chongwen New World Center, the Mansion of Baoding , Townhouse Micro-zone of Yilong rolling-development of House construction and real estate development in Yizhuang Development Zone.

    The fourth period: After China’s entering WTO along with the fields of service and trade got more opening, new types of industries emerge, such as Beijing Pulijin Education training co, Ltd, Beijing Unihub Global Network Technology co, Ltd and Beijing Yuanxindongli Technology co, ltd.

    Status of foreign trade

    There are totally 56 foreign trade import and export enterprises in Chongwen District including 32 foreign invested enterprises who possess self operation right for import and export businesses and 24 domestic invested enterprises who possess self operation tight for import, export and foreign trade circulation businesses. Export commodities are mainly of slippers, food, clothes, leather, fur, and optics planting materials. Countries with import and export trade are mainly Japan, Northern European countries and USA, etc. Among these countries, the export amount toward Japan takes about 50% of total export amount. Import and export businesses are mainly centralized in foreign invested enterprises that share over 80% of total amount.