Intelligent Investment

Beijing Market

Global Life Sciences Atlas

April 11, 2025 5 Minute Read

commercial-real-estate-Beijing

Overview

  • Beijing is one of China’s two comprehensive life sciences clusters, alongside Shanghai, that offer a spectrum of research and development (R&D), manufacturing, medical technology and front office or headquarters space.
  • Beijing has developed three life sciences clusters throughout past 20 years: Zhongguancun (ZGC) Life Sciences Park, China Bio-medicine Park (CBP) and Beijing Economic-Technological Development Area (BDA). ZGC Life Sciences Park, located in northern Beijing, is R&D-focused, while BDA and CBP in southern Beijing integrate R&D and manufacturing. All three have mixed ownership comprised of owner-occupied properties, private development and government.
  • Zhongguancun Life Science Park benefits from nearby top universities and research institutes and plans significant expansion. China Bio-Medicine Park, a newer offering, began leasing in 2020.

Submarkets

Beijing-Submarket-Map-2

Figure 1: Beijing Inventory of Leasable Life Sciences Space

Source: CBRE Research, Q4 2024.

Life Sciences Venture Capital Investment Trends

Figure 2: Life Sciences Venture Capital Funding

Source: Pitchbook, CBRE Research, Q1 2025.

Life Sciences Market Stats

Figure 3: Life Sciences Market Stats

Source: CBRE Research, Q4 2024.

Development Pipeline or Activity

Figure 4: Beijing Projected Future Supply of Life Sciences Space (2024-2026)

Source: CBRE Research, Q4 2024.
  • BeiGene
  • Berry Genomics
  • Bestnovo
  • Biocytogen
  • China Resources
  • FutureGen
  • Hengrui Pharmaceutical
  • InnoCare Pharma
  • Novo Nordisk
  • Pharmaron
  • Pyrotech
  • Singlomics
  • Peking Union Medical College
  • Peking University
  • Tsinghua University
  • University of the Chinese Academy of Sciences

Global Life Science Markets

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    Spearheaded by its capital Hyderabad, the state of Telangana has emerged as a pivotal contributor to India’s life sciences landscape.

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    Shanghai Market

    April 11, 2025

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    Shanghai stands as one of China’s two comprehensive life sciences clusters, alongside Beijing, offering a spectrum of research and development (R&D).

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    Greater Tokyo Market

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    Greater Tokyo offers Japan’s most comprehensive life sciences industry presence from research and development (R&D) to front office and headquarters locations.