The National Development and Reform Commission recently announced the typical cases of revitalizing stock assets and expanding effective investment. A total of 24 typical cases were evaluated and screened across the country for demonstration and promotion. 

Four projects were selected, namely, the renovation and upgrading project of the New Energy Financial Technology Center in Xicheng district, Beijing; the revitalization of idle land assets project of Liando Group in Pinggu district; the REITs project of GLP Warehousing and Logistics Park; and the special asset support plan project of Yizhuang Holdings Biomedical Industrial Park. 

There are three projects located in the Zhongguancun Science Park, the number of which ranks first among all national high-tech zones.

Last June, the Municipal Science and Technology Commission and the Zhongguancun Administrative Committee issued measures to manage the support fund and promote high-quality development. In 2022, a total of 36.72 million yuan ($5.41 million) was invested to support six stock space renovation projects, including China High-tech Audio-Visual Industrial Park.

The renovation and upgrading project of the New Energy Financial Technology Center [Photo/beijingetown.com.cn]

The stock assets revitalized in the renovation and upgrading project of the New Energy Financial Technology Center in Xicheng district are the former Beijing Zoo Clothing Wholesale Market - Sida Building, with a total construction area of about 95,000 square meters.

The revitalization of idle land assets project of Liando Group in Pinggu district [Photo/beijingetown.com.cn]

The stock asset revitalized by the Liando Group in Pinggu district is a piece of industrial land that has been idle for many years in Xinggu Development Zone, Pinggu district. 

The special asset support plan project of Yizhuang Holdings Biomedical Industrial Park [Photo/beijingetown.com.cn]

In Jan 2021, Liando Group obtained the land and clarified the investment direction of the industry. The planned construction area of the project is about 90,000 square meters. The first phase of the project is currently under construction.

The revitalized assets of the Yizhuang Holdings Biomedical Industrial Park project are part of Yizhuang Biomedical Industrial Park. The park is located in Ludong district, in the Beijing Economic and Technological Development Area, with a total construction area of 163,000 square meters. It is an important carrier of the biomedical public service platform in the development zone.