Beijing sees 19.5% rise in new overseas-funded businesses

BEIJING - Beijing saw over 2,400 new registrations of overseas-funded businesses in 2025, marking an increase of 19.5 percent year-on-year, according to local authorities.

Last year, the national capital recognized 20 newly registered foreign-invested enterprises as multinational regional headquarters, and attracted 121 overseas-funded projects, each with an investment exceeding $10 million, Beijing mayor Yin Yong said on Sunday while delivering a government work report at the annual session of the Beijing Municipal People's Congress.

In 2026, the city will further expand its opening up, aiming to improve the quality of overseas investment and attract more high-quality overseas-funded projects, the mayor said.

Strong foreign trade performance has also supported the city's opening-up drive. Beijing's total foreign trade volume reached 2.93 trillion yuan ($421 billion) in the first 11 months of 2025, with exports hitting a record high of 568.35 billion yuan in the same period, up 3 percent year-on-year, according to data from the Beijing Customs.