On December 11, the opening ceremony of the South Central-axis International Culture and Technology Park, transformed from Dahongmen Garment Trade City, was held at Dahongmen International Convention and Exhibition Center in Fengtai District, Beijing.

That transformation plays a leading role in reshaping the function of Dahongmen area, and is of great significance to accelerating the industrial transformation and upgrading of the south central-axis area, as well as the construction of the “New Business District in the Capital”. 

As one of the key industrial parks in Fengtai unicorn cluster area, South Central-axis Park will provide high-quality services and comfortable environment for enterprises, to attract leading enterprises at home and abroad to settle in. 

At the ceremony, the Functional Planning Scheme of the South Central-axis International Culture and Technology Park was released. The scheme clearly indicates that the Park will build an accelerator for unicorn enterprises surrounding technology, culture and international business and other industries. Meanwhile, the Park will make forward-looking plans for a number of future industries that rely on new technologies, lead new demand and create new momentum for growth. It will create an innovation-driven development ecosystem with international competitiveness and attraction, and build a new world-class landmark of “technology + culture” and a new highland of the digital economy. 

The South Central-axis International Culture and Technology Park covers an area of about 186,000 square meters. The first phase is expected to be put into operation by the end of September, 2022. Twelve enterprises like G-Wearables and CGPOWER have signed intention agreements.