BEIJING — The Chinese capital of Beijing has solidified its appeal as a hub for foreign investment through continuous efforts to improve its business environment.
Beijing hosts 252 regional headquarters of multinational companies and 149 foreign-funded research and development (R&D) centers. In the first eight months of 2024, 121 major foreign-funded R&D centers in the municipality invested 13.77 billion yuan (about $1.92 billion) in R&D, up 29.9 percent year on year.
