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Chaoyang District (simplified Chinese: 朝阳区; traditional Chinese: 朝陽區; pinyin: Cháoyáng Qū; lit. "facing the sun") is a district of northeastern Beijing, China. Chaoyang is home to the majority of Beijing's many foreign embassies, the well-known Sanlitun bar street, as well as Beijing's growing CBD. The Olympic Park, built for the 2008 Summer Olympics, is also in Chaoyang, as is Beijing Capital International Airport. Chaoyang extends west to Chaoyangmen on the eastern 2nd Ring Road, and extending nearly as far east as the Ximazhuang toll station on the Jingtong Expressway. Within the urban area of Beijing it occupies 475 square kilometers, making it the largest district with (Haidian coming in second. Chaoyang has a population of 2,289,796 (2000 Census), making it the second most populous in Beijing. Chaoyang is also home to Silk Street, and many other market areas, shopping malls, and restaurant strips.
[edit] EconomyMany global organisations have their China headquarters, or a branch office, in Chaoyang, including ABB Group (China headquarters),[1][2] Halliburton, [3] IBM,[4] Kerr-McGee China Petroleum Ltd. (Anadarko Petroleum Corporation subsidiary),[5] Lummus Technology, a subsidiary of CB&I, [6] Lufthansa (Beijing Lufthansa Center),[7] Asiana Airlines,[8] Etihad Airways,[9] EVA Air,[10] and Qatar Airways.[11] [edit] DevelopmentsChaoYang District is one of the fastest growing district in Beijing Metropolitan Area. It had constructed few subway lanes running through, as well as the major air hub Beijing Capital Airport is located within this region. The Beijing as well as the Chinese government spent almost half million USD per day on developing this district. Its average price on real estates is 28'000RMB (around 5'000CAD) per square meter. [edit] Notable areas
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Coordinates: 39°55′32″N 116°26′30″E / 39.925494°N 116.44163°E | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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