Yizhuang is a town of Daxing District

Daxing District

Daxing District is a suburb of Beijing, situated to the south of the city.-Overview:...

, in the southeast suburbs of Beijing

Beijing

Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

, located just outside of the 5th Ring Road. Beijing Economic and Technical Development Area (BDA), the biggest economic

Economy

An economy consists of the economic system of a country or other area; the labor, capital and land resources; and the manufacturing, trade, distribution, and consumption of goods and services of that area...

and technical area is located here. There are a lot of high-tech research centers and joint ventures. In the end of 2005, the Beijing government was layouted that will set Yizhuang as an important satellite town in the next 10 years.