(ECNS) -- Beijing will shut down 300 companies and 90 markets this year amid massive efforts to refocus the capital through integration with neighboring regions.
Wang Haichen, executive deputy director of Beijing's Leading Group for Beijing-Tianjin-Hebei Integrated Development, said the capital would accelerate the pace by transforming wholesale markets and improving services.
He said Beijing has already suspended production at 174 manufacturing companies thought to run counter to the city's repositioning and also upgraded 25 markets.
To ease traffic jams, control pollution and support coordinated development, Beijing has teamed with Tianjin and Hebei to relocate industries through a slew of measures.
Wang said the capital city is also working on other measures to support regional integration such as establishing a development fund and studying the new use of land after moving its users.
Colleges under the direct administration of the Beijing government have cut enrollment by 10 percent, with new campuses planned in suburban areas.
