Beijing
In 2004 Beijing's total gross domestic product was 428.3 billion Renminbi, a real increase of 13.2% from the previous year. The tertiary sector of industry is the most productive sector of Beijing's economy, contributing 60% of its GDP. Urban disposable income per capita was 15637.8 Renminbi, a real increase of 11.5% from the previous year. Rural pure income per capita was 7172 Renminbi, a real increase of 9.2% from the previous year. [4] (http://www.bjstats.gov.cn/tjyl/tjgb/200501210039.htm)
Beijing's real estate and automobile sectors continue to boom in recent years. In 2004 a total of 24.72 million square metres of housing real estate was sold, for a total of 108.51 billion Renminbi. The total number of automobiles registered in Beijing in 2004 was 1,871,000, of which 1,298,000 are privately-owned. 447,000 new and old automobiles had been sold in Beijing in the previous year. [5] (http://www.bjstats.gov.cn/tjyl/tjgb/200501210039.htm)
The Beijing CBD, centered at the Guomao area, has been identified as the city's new central business district, and is home to a variety of corporate regional headquarters, shopping malls, and high-end housing. The Beijing Financial Street, in the Fuxingmen and Fuchengmen area, is a traditional financial center. The Wangfujing and Xidan areas are major shopping districts. Zhongguancun, dubbed "China's Silicon Valley", continues to be a major center in electronics- and computer-related industries, as well as pharmaceuticals-related research. Meanwhile, Yizhuang, located to the southeast of the urban area, is becoming a new center in pharmaceuticals, IT, and materials engineering. [6] (http://www.beijing.gov.cn/bjgm/jjjs/t20030925_2414.htm) Beijing is also known for being a center of pirated goods and anything from the latest designer clothing to the latest DVDs can be found in markets all over the city.
Major industrial areas include Shijingshan, located on the western outskirts of the city. Agriculture is carried out outside the urban area of Beijing, with wheat and maize being the main crops. Vegetables are also grown in the regions closer to the urban area in order to supply the city.
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