if demolition continues at its current pace, eventually 90% of the Old City will be gone. Efforts by preservationists to protect the hutongs were only partly successful, and developers and officials often ignored them. A battle over the city's proposed redevelopment of South Chizi Street, alongside the Forbidden City's southeast corner, at first attracted attention due to its high-visibility location, but ultimately only nine of over 200 siheyuans in the blocks east of the street escaped demolition. They have been replaced by architecturally sympathetic new construction that is among the most expensive housing in the city. Government Dongcheng is run by several committees. The District Committee of the Communist Party of China (CPC), the nation's ruling party, is its local organization. The District People's Congress is responsible for most major decisions, as well as implementing national and local laws and regulations. Its members, all appointed by the CPC, elect their leadership and local officials. The People's Government, composed of several local commissions, makes local laws and enforces administrative policy. Lastly, the district committee of the Chinese People's Political Consultative Conference serves an advisory function. All four committees are headed by chairs, appointed by the CPC to five-year terms. While most of China's major government bodies are headquartered in the neighboring Xicheng District, there are a hundred lesser ones in offices throughout Dongcheng. Two major agencies in the district are the Civil Aviation Administration of China (CAAC), which occupies a large building on Dongsi Street, and the China Maritime Safety Administration, on Jianguomen Inner Avenue. The Beijing Municipal Public Security Bureau is also headquartered in Dongcheng. Economy In 2017, the regional GDP of the district was 392.07 billion yuan, with GDP per capita at 321.4 thousand yuan. Owing to its many tourist attractions, much of Dongcheng's economy is in the service sector, which in 2001 accounted for 88% of the district's share of China's gross domestic product. Foreign direct investment at that time was estimated to be US$247.6 million, and rising. Dongcheng is home to some of Beijing's most prestigious hotels, like the Beijing Hotel complex and the nearby Grand Hyatt on East Chang'an Avenue near Tiananmen Square. Near those hotels are the shopping opportunities of the Malls at Oriental Plaza, once Asia's largest, and the Wangfujing pedestrian mall, a big draw for domestic tourists. Further to the north younger Beijingers and foreigners often visit the hutongs of Nanluogoxiang, east of