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Beijing Daxing Int'l Airport Economic Zone

Real Estate
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Overview

The Beijing Daxing International Airport (PKX) Economic Zone is located around the airport and across Beijing and Hebei province. It extends a total area of 150 square kms with 50 square kms in Beijing and 100 square kms in Hebei Province. The Beijing section of the airport economic zone (total of 50 square kms) is almost evenly divided into two parts: the East with 24 square kms and the West with 26 square kms. It is projected that by 2035 there will be around 270,000 people living in these areas, and about 450,000 population in the long run. The East Area is planned to build an International Aviation Logistics Hub. Since it is closer to the airport, there will be a free trade pilot zone covering 10 square kms of land, within which a comprehensive bonded zone of 4.3 square kms has been delineated to enjoy more preferential policies and tax support to facilitate a freer trade environment. The rest area will also develop aviation logistics and maintenance, business finance, exhibition and trade centers, and aviation training centers and headquarters. The West Area is planned to build a Comprehensive Service Support Base with livable community, international education, international healthcare and life science industries, new generation of information technology (big data, cloud computing, IoT), smart equipment R&D and manufacturing industries. In sum, the Beijing section of the PKX economic zone (PKXEZ) enjoys the only free trade zone preferential policies within the Beijing jurisdiction with plenty of new development space (50 square kms) and opportunities, while enjoying a very convenient and efficient transportation condition with six highways, and six subways and railways, 5 of which underpass the airport terminal, vertically inter-connected with the airport.