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Beijing E-Town's reception hall negotiates project intentions of 18 billion yuan

Updated: 2024-07-23

The reception hall of Beijing's Economic-Technological Development Area – Beijing E-Town – hosted more than 500 guests on July 16 as the Boao Forum for Asia's third global health forum opened at the venue.

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The E-Town Reception Hall hosted more than 500 representatives from participating enterprises and institutions. [Photo/beijingetown.com.cn]

The E-Town hall serves as an important platform for showcasing, promoting and introducing Beijing, attracting biomedical companies and investors from around the world for discussions and exchanges.

To better facilitate investment promotion services during the forum, the reception hall became a "base" for in-depth connections and negotiations. 

Beijing E-Town formed a task force of over 50 members on July 3, which included specialists in biotechnology and the health industry as well as biomedical platform companies, to guide companies and participants in understanding the Chinese capital and in interpreting industrial planning policies and development opportunities.

More than 120 companies were represented at the Boao Forum, with projects negotiated amounting to nearly 18 billion yuan ($2.47 billion), and 36 construction projects planned for the next two years.

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The E-Town Reception Hall [Photo/beijingetown.com.cn]

The E-Town reception hall continues to exert a strong "magnetic effect", with 109 "three letters" (cooperation proposals, letters of intent and expert appointment letters) signed with various pharmaceutical companies, institutions and individuals during the conference.