Beijing unveils 15th Five-Year Plan to build world-class business environment by 2030
On September 20, the Beijing Municipal People's Government released its 15th Five-Year Plan for optimizing the business environment, targeting a globally leading climate by 2030 and a global benchmark by 2035. The plan focuses on government investment funds to support tech innovation, AI, robotics, intelligent connected vehicles, and biomedicine. It includes measures for data circulation, cross-border data flows, fair competition, SME credit support, and AI-powered government services via the "Jingjing" intelligent agent.
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Beijing Releases 15th Five-Year Plan to Optimize Business Environment, Boost AI and Tech
On September 20, the Beijing Municipal People's Government issued the 'Beijing 15th Five-Year Period Plan for Optimizing the Business Environment,' aiming to build a world-class business environment by 2030 and achieve global leadership by 2035. The Plan emphasizes leveraging government investment funds to support scientific innovation and high-end industries, with a focus on robotics, intelligent connected vehicles, and biomedicine. It calls for improving fault-tolerance and exit mechanisms for investments, building a diversified computing power supply system, and lowering barriers for SMEs to access AI services. The Plan also promotes fair competition, rectifies 'involutionary' competition in the platform economy, and enhances intellectual property protection in frontier fields like AI and biomedicine. Additionally, it aims to increase credit support for small and micro enterprises, promote seamless loan rollovers, and deepen 'AI + Government Services' through an intelligent agent named 'Jingjing.' The policy targets comprehensive business environment improvements to attract talent, unleash corporate vitality, and foster innovation and openness.
Read sourceBeijing Releases 15th Five-Year Plan to Optimize Business Environment by 2030
On September 20, the Beijing Municipal People's Government issued the 'Beijing 15th Five-Year Period Plan for Optimizing the Business Environment,' aiming to deepen the construction of a world-class business environment by 2030. The plan focuses on leveraging government investment funds to serve technological innovation and high-end industries, with improved fault-tolerance and exit mechanisms. Key areas include robotics, intelligent connected vehicles, and biomedicine. It promotes fair competition, rectifies 'involutionary' competition, and supports small and medium-sized enterprises (SMEs) in bidding processes. The plan also enhances intellectual property protection, removes market entry barriers, increases credit support for small, medium, and micro enterprises through the Beijing Changrong Project, and promotes data element circulation. It deepens 'AI + Government Services' with an intelligent agent named 'Jingjing.' The goal is for Beijing's business environment to rank among the top globally by 2030 and become a global benchmark by 2035.
Read sourceBeijing unveils 15th Five-Year Plan to optimize business environment, boost AI and SMEs
On September 20, the Beijing Municipal Government released the 'Beijing 15th Five-Year Plan for Optimizing the Business Environment,' targeting 2030 for a globally leading business climate. The plan emphasizes government investment funds to support tech innovation and high-end industries, with improved tolerance for failure and exit mechanisms. It focuses on robotics, intelligent connected vehicles, and biomedicine, promoting shared industrial parks. The plan aims to build a diverse computing power supply system, optimize computing vouchers and model vouchers to lower barriers for SMEs, and foster healthy platform economy growth while curbing 'involution-style' competition. It includes measures to enhance intellectual property services, expand patent pre-examination coverage, and strengthen IP protection in frontier tech fields like AI and biomedicine. For SMEs, it pledges easier credit access, expanded no-principal-renewal loans, and reduced reliance on collateral. The plan also promotes AI in government services via a 'Jingjing' AI agent, facilitates cross-border data flows with a negative list, and supports foreign investment in telecom, healthcare, and finance sectors.
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Beijing Issues Plan to Optimize Business Environment, Promote Data Element Circulation and AI
The Beijing Municipal People's Government has issued the 'Beijing 15th Five-Year Plan for Optimizing the Business Environment,' which outlines measures to promote the orderly circulation and efficient allocation of data elements. The plan includes improving supporting systems for government data sharing, public data opening, authorized operations, and data asset management to facilitate the trading of high-value, high-frequency data. It also calls for building a diversified computing power supply system and optimizing policy tools such as computing power vouchers and model vouchers to lower the threshold for small and medium-sized enterprises to access services. Additionally, the plan aims to iteratively upgrade the cross-border data negative list policy system, streamline the mechanism for identifying and recognizing important data, and promote and regulate the cross-border flow of data in key industries including healthcare, artificial intelligence, intelligent connected vehicles, and technology finance.
Read sourceBeijing Issues 15th Five-Year Plan to Boost Data Circulation and Cross-Border Flows
On September 20, the Beijing Municipal People's Government released the 'Beijing 15th Five-Year Plan for Optimizing the Business Environment,' focusing on promoting orderly circulation and efficient allocation of data elements. The plan aims to improve supporting systems for government data sharing, public data opening, authorized operations, and data asset management to facilitate high-value data trading. It also seeks to build a diversified computing power supply system and optimize policy tools like computing and model vouchers to lower barriers for small and medium-sized enterprises. Additionally, the plan calls for iteratively upgrading the negative list policy framework for cross-border data flows, streamlining mechanisms for identifying important data, and promoting regulated cross-border data flows in key sectors such as healthcare, artificial intelligence, intelligent connected vehicles, and technology finance.
Beijing Issues 15th Five-Year Plan to Optimize Business Environment, Focus on Tech and AI
On September 20, the Beijing Municipal People's Government released the 'Beijing 15th Five-Year Period Plan for Optimizing the Business Environment.' The plan aims to make Beijing a global leader in business environment by 2030 and a global benchmark by 2035. Key measures include government investment funds leading and driving technological innovation and high-end industries, with improved fault-tolerance and exit mechanisms. The plan focuses on robotics, intelligent connected vehicles, and biomedicine, and aims to build a diversified computing power supply system using tools like computing vouchers to lower barriers for SMEs. It promotes innovative development of the platform economy while preventing 'involutionary' competition. The plan also includes strengthening fair competition reviews, enhancing intellectual property protection, removing market entry barriers, and improving financing for micro, small, and medium-sized enterprises. It promotes 'AI + Government Services' through an intelligent agent named 'Jingjing' and iteratively upgrades cross-border data flow policies for key industries such as healthcare, AI, and intelligent connected vehicles.
Read sourceBeijing Releases 15th Five-Year Plan to Optimize Business Environment by 2030
On September 20, the Beijing Municipal People's Government issued the 'Beijing 15th Five-Year Period Plan for Optimizing the Business Environment,' aiming to build a world-class business environment by 2030. The plan focuses on leveraging government investment funds to support technological innovation and high-end industries, improving fault-tolerance and exit mechanisms. Key measures include strengthening fair competition reviews, preventing 'involutionary' competition, enhancing credit support for small and medium-sized enterprises, and promoting cross-border data flows in sectors like AI and intelligent connected vehicles. The plan also deepens 'AI + Government Services' through the 'Jingjing' intelligent agent, expands foreign enterprise participation in standard-setting and procurement, and improves customs clearance facilitation. By 2035, Beijing aims to become a global benchmark for business environment fairness, efficiency, and innovation.
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