Founded on January 29th, 2015, Beijing-Hebei Caofeidian Collaborative Development Demonstration Zone Construction Investment Co., Ltd. (‘Caofeidian Construction Investment’) was registered with the Caofeidian District Industrial and Commercial Administration Bureau in Tangshan, Hebei. As the main body for the exploitation and development of the Beijing-Hebei (Caofeidian) collaborative development demonstration zone designated by Beijing City and Hebei Province, it assumes the responsibility for investment, development, construction, operation and management in the demonstration zone.

On August 20th, 2015, Caofeidian Construction Investment concluded the Framework Agreement for Cooperative Development of Forward Initiation Zone and Test Zone in Caofeidian and the Supplementary Agreement with the People’s Government of Tangshan and the Government of Caofeidian. These agreements clearly defined the cooperative development mode of Caofeidian Construction Investment, marking that the construction of the demonstration zone for Caofeidian’s collaborative development has transited from a top-level design into the specific implementation stage, and that the construction of the forward initiation zone has taken a ‘forward’ step, and showing the common desire and sound prospects of all parties on pragmatic cooperation.

The registered capital of Caofeidian Construction Investment in its earlier stage was RMB 1 billion, of which the Shougang Group held 67% on behalf of Beijing-based enterprises, and Tangshan Caofeidian Development Investment Group Co., Ltd. (‘Caofeidian Development Company’) held 33% on behalf of Hebei-based enterprises.

In addition, Caofeidian Construction Investment has also established a collaborative working mechanism with such relevant departments in Beijing as the State-owned Assets Supervision and Administration Commission, National Development and Reform Commission and Commission of Economy and Technology Information, as well as other relevant departments including the Promotion Office, Merchants Bureau and Park Management Committee of Caofeidian, aiming to push forward Beijing’s industry transfer and relief of public service resources. In 2016, the investment promotion amounted to approximately RMB 15 billion. It was estimated that 8 projects were signed in the 5.5km2 forward initiation zone all year round, with a contract price of RMB 17.78 billion and a total investment for the commenced projects of approximately RMB 13.6 billion. At present, there are 5 in-negotiation projects being promoted in the zone, with a total investment of approximately RMB 3.2 billion.

Public medical services and education cooperation are also in rapid promotion in this time of actively guiding Beijing’s industry transfer. The ‘Beijing Anzhen Hospital Caofeidian CVD Diagnosis and Treatment Center’, jointly established by the Beijing Anzhen Hospital and Caofeidian Hospital, was formally unveiled on July 26th, 2016; the ‘Caofeidian Cooperation Hospital of Beijing Friendship Hospital Affiliated to Capital Medical University’, jointly established by the Beijing Friendship Hospital and Caofeidian Workers’ Hospital, was officially listed in July 2016 and is expected to reach the conditions for opening by the beginning of 2017; and the ‘Caofeidian Cooperation Hospital of Beijing Obstetrics and Gynecology Hospital Affiliated to Capital Medical University’, will be jointly established by the Beijing Obstetrics and Gynecology Hospital and Caofeidian Hospital after both parties signed a cooperation agreement on September 28th, 2016.

Caofeidian Construction Investment undertakes the honorable mission of leading in implementation and demonstration of the strategic deployment of General Secretary Xi Jinping concerning the coordinated development of the Beijing-Tianjin-Hebei region, and realizing the strategic positioning of the capital city as the ‘four centers’.