--- title: "Beijing Fengtai: A technology company is born every eight minutes on average" type: "News" locale: "en" url: "https://longbridge.com/en/news/257622927.md" description: "In the first half of the year, Fengtai District achieved a regional GDP of 121.42 billion yuan, a year-on-year increase of 5.1%; fixed asset investment reached 49 billion yuan, a year-on-year increase of 14.2%. The number of high-tech enterprises increased to 3,710, with 72 national-level specialized and innovative \"little giant\" enterprises, and 17 unicorns and potential unicorns. From January to August this year, over 28,500 new enterprises were established, a year-on-year increase of 136%, with the increase of technology-based enterprises accounting for 14% of the city's total, averaging one new technology enterprise every 8 minutes" datetime: "2025-09-17T00:11:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257622927.md) - [en](https://longbridge.com/en/news/257622927.md) - [zh-HK](https://longbridge.com/zh-HK/news/257622927.md) --- # Beijing Fengtai: A technology company is born every eight minutes on average This year, Fengtai District has delivered an impressive report: in the first half of the year, the regional GDP reached 121.42 billion yuan, a year-on-year increase of 5.1%; fixed asset investment completed 49 billion yuan, a year-on-year increase of 14.2%. Through the expansion action of high-tech enterprises, the number of national high-tech enterprises in Fengtai District has increased to 3,710, ranking second in the city, with 72 national-level specialized and innovative "little giant" enterprises and 17 unicorns and potential unicorn enterprises. Through the foundation-building action for technology enterprises, from January to August this year, Fengtai District established over 28,500 new enterprises, a year-on-year increase of 136%, the highest growth rate in the city, with the increase of technology-based enterprises accounting for 14% of the city's total, and a new technology enterprise being established on average every 8 minutes ## Related News & Research - [Ladakh records over 43% rise in tourist arrivals in 2026: Lieutenant Guv](https://longbridge.com/en/news/288926280.md) - [Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns](https://longbridge.com/en/news/288921304.md) - [Tesla's IPO minted 'Teslanaires.' Can SpaceX do the same?](https://longbridge.com/en/news/288933639.md) - [The SpaceX IPO Is the Biggest in History. That Doesn't Automatically Make It a Good Investment.](https://longbridge.com/en/news/288927862.md) - [Can SpaceX live up to Wall Street's multitrillion-dollar hype?](https://longbridge.com/en/news/288931769.md)