New area to be 'historic' development
Xiongan will spur economic growth, take over Beijing's noncapital roles
China will develop a new area in the northern region parallel to the Shenzhen Special Economic Zone in the south and the Shanghai Pudong New Area in the east to serve as another economic engine and advance the coordinated development of the Beijing-Tianjin-Hebei region.
The establishment of the Xiongan New Area in Hebei province is a "major historic and strategic choice made by the Communist Party of China Central Committee with Comrade Xi Jinping as the core," said a circular issued by the CPC Central Committee and the State Council on Saturday.
Photo