Travel Reference
In-Depth Information
just some of the places boasting impressive collections of shopping malls. Foreign-inves-
ted stores, such as Carrefour, Ito Yokado, Ikea, Muji, Apple, and many others, have also
spurred on development in the local market.
Tourists and the money they spend are an important part of Beijing's economy.
Finally, while many of Beijing's companies are state-owned, the private sector has been
rapidly developing. By the end of 2010, there were approximately 496,000 private enter-
prises, an increase of more than 200 percent in less than 10 years.
