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Beijing plans to cap its population at 23 million by 2020 to address problems such as traffic congestion and pollution.

Beijing residents encounter strong wind on a street on March 18, 2020. Maximum wind speed in some areas reached 28.5-32.6m/s. [Photo by Feng Yongbin/ chinadaily.com.cn]

Beijing BBEF Electronics Group Co Ltd announced on Tuesday that its incubation subsidiary will launch a landing pad to provide foreign companies with trade facilitations, as the traditional State-owned enterprise hopes to seek more international opportunities to stimulate new growth engines.

Beijing's GDP was 10.88 billion yuan (.58 billion) at the beginning of China's reform and opening-up policy, and that figure increased to 2801.49 billion yuan in 2017.

Beijing-based Meituan-Dianping — the mainland's largest provider of on-demand online services which was previously reported to be mulling a flotation in the US — is now seeking a Hong Kong listing that's likely to occur as early as later this year, according to Reuters, citing people familiar with the matter.