According to People's Daily, Beijing will divide its 18 districts and counties into four functional parts including core area, extension area, newly developed area, and ecosystem area. Meanwhile, 11 new satellite towns will be built around Beijing. It means that millions of people are likely to settle down in outskirts beyond the central zone of the capital.

Following the new urban development scheme, Beijing will witness historic changes, with the moving out of the Capital Iron & Steel Corporation as a milestone event in particular.

As a large-scale corporation in China with 70 billion yuan worth of total capital and 80 billion yuan worth of sales income, the Capital Iron & Steel Corporation has contributed greatly to the gross economic volume of Beijing.

Many citizens raised an eyebrow soon after Beijing declared the relocation of the corporation from Beijing to its neighboring province Hebei. However, the decision-makers believe the fresh soul of the new Beijing should be a city suitable for living.

The establishment of such a new Beijing will be the best choice, said city planner Wu Liangyong.

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