A work conference on key financing projects in the second half of 2025 was held recently in Beijing, attended by officials from the city's economic planning body and financial authorities.

A total of 92 key projects at both the municipal and district levels were announced at the conference, targeting a combined investment of approximately 81.7 billion yuan (US$11.4 billion) and aiming to raise about 22.7 billion yuan in the near term.

Specifically, these projects include 14 in infrastructure, four in public services, and 74 related to industrial development.

The infrastructure projects, including an underground infrastructure program in Fengtai's Lize Financial Business District, account for a total investment of 16.5 billion yuan, with a near-term financing demand of 10.1 billion yuan.

The public services projects require a near-term investment of 2.2 billion yuan and a total investment of 28.4 billion yuan.

Planning to seek 10.4 billion yuan in near term and a combined investment of 36.8 billion yuan, the industrial development projects range from a semiconductor packaging base to a domestically developed large-language model.

In addition, the conference focused on the area of equity investment, identifying 50 entities with equity financing needs.

Han Wei, deputy director of the Beijing Municipal Commission of Development and Reform, said at the conference that the commission will further strengthen cooperation between the government, financial institutions, and enterprises, in order to actively implement financial policies, improve the service system for venture capital and equity investment, and assist the growth of small and micro-sized enterprises.