The Beijing Central Business District, or Beijing CBD, is the primary area of finance, media, and business services in Beijing, China. Beijing CBD occupies 3.99 km2 of the Chaoyang District on the east side of the city.
As Beijing is becoming one of the most important international financial centers in China, Beijing CBD was recently positioned as the secondary core area in Beijing's International Financial Center Development strategic plan published in May, 2008.
The Beijing CBD has attracted 117 Fortune 500 businesses in the financial, media, information technology, consulting and service industries. More than 60 percent of overseas-funded companies in Beijing are in the CBD. A majority of foreign embassies in Beijing - the No 1, No 2 and No 3 embassy districts are now concentrated in the Beijing CBD and its neighboring areas.