Beijing's Fengtai district is set to enhance its role as a transportation hub and strengthen its involvement in the "two parks and one river" strategy for western Beijing, according to Zhou Tongwei, the district's deputy Party chief and acting governor.
This strategy focuses on the coordinated development of Shougang Park (a former steel mill transformed for the Beijing 2022 Winter Olympics), Beijing Garden Expo Park, and the Yongding River. Their development in the Fengtai, Shijingshan, and Mentougou districts underscores Beijing's commitment to ecological preservation and honoring its industrial heritage.
Zhou highlighted that during the 15th Five-Year Plan period (2026-30), the district's efforts will capitalize on its transportation infrastructure, which includes three major railway hubs and two urban terminal buildings. Beijing is leveraging these assets to advance integrated railway station and airline terminal development, aligning urban growth with transportation hubs to stimulate industrial clustering, business activity, and urban progress.
Fengtai aims to be at the forefront of this transformation. During the coming five years, Fengtai will undertake an initiative to upgrade its industrial chain, Zhou said. This includes developing the International Financial City in the northern Lize area, expanding industrial space in the western zone of Zhongguancun Fengtai Science Park, and fostering the integrated development of scientific and technological innovation alongside industrial innovation.
The goal is to leverage rail transit, aerospace, emerging finance and tech services, AI, intelligent manufacturing, and commercial services to build a trillion-yuan ($150 billion) industrial matrix, positioning Fengtai as a pivotal player in Beijing's economic landscape, Zhou said.
