Pillar industry

Featured by its role as a core area of the capital, Xicheng witnessed continuous upgrading of its industrial structure. Xicheng district boasts a booming tertiary industry, the value added of which reached 573.54 billion yuan, accounting for 95.0 percent of the GRP. Some sectors of the tertiary industry, including finance and insurance, real estate, commerce and services, scientific and technological information consultancy and cultural tourism have become pillars of Xicheng District's economic growth, giving the district an edge over its counterparts in Beijing and elsewhere in China. Meanwhile, modern services, high-tech and cultural innovation industries are expanding rapidly.

In 2024, Xicheng district's total output value of industrial enterprises above the designated size stood at 58.45 billion yuan.

Preliminary estimation indicated that the value added of the financial industry in Xicheng amounted to 279.70 billion yuan, up by 8.0 percent over the previous year.
In 2024, savings deposit in Renminbi in all items of financial institutions in Xicheng totaled 6477.46 billion yuan, down by 8.9 percent year on year. Loans in Renminbi in all items of financial institutions in Xicheng reached 4079.00 billion yuan, an increase of 8.7 percent year on year.