Shijingshan Beijing Carnival 

The local economy of Shijingshan District is keeping swift development. As the booming growth of our national economy for many years, the financial strength of local district has been enhanced tremendously. All economic indexes are increasing rapidly. The economic situation is very good. The reconstruction of industrial structure of Shougang and other big enterprises stimulate the continuous optimization of the whole industrial structure of the district. The proportion of 2^nd industry and 3^rd industry increases obviously. The achievements of investment financing are prominent. The activated state-owned assets, imported entertainment brand and coming enterprises are all showing the investment value of our district. Such booming local economy will lead all-round development of all industries of Shijingshan District.

So far there are already over 30 countries and regions keeping economic cooperation with Shijingshan District, covering Europe, America, Asia and Oceania. The economic cooperation injects fresh vigor for local economy. By the end of 2005, total output value of the whole district is to reach RMB 16.3 billion, 10% of growth; total financial revenue get ready to RMB 1.8 billion, 12.5% growth; taxes are assessed at RMB 4.3 billion; the estimated of retail sales of consumer goods are RMB 13.2 billion, 12% of growth; the disposable income of local people is to reach RMB 15.4 thousand, 8% of growth.

The modernized industrial structure has been realized. The industrial arrangement is optimized and upgraded. Shijingshan District takes advantage of open-up policy and imports technology and capital. So far, new-type industrial system of tourism industry, modern service industry, high-tech industry and manufacture industry have been formed based on the endowed assets of the district. The local economy has entered time of rapid development. The size of center urban area of the west Beijing has appeared, stimulating the regional economic development of surrounding places.