HQ economy boosts Chaoyang's growth

An association of multinational headquarters was established recently in Chaoyang district of Beijing, the first of its kind in the nation.

The association was jointly proposed by the district government together with research institutions and was co-founded by the regional headquarters of 36 multinationals, investment firms and noted business service companies.

Through regular meetings and visits, the organization aims to provide exchange of information, spread knowledge of the latest regulations and assist communication between companies and governments.