China announced Saturday it will establish the Xiongan New Area in Hebei province, as part of advancing the coordinated development of the Beijing-Tianjin-Hebei region.
This is a new area of national significance furthering similar efforts beyond the Shenzhen Special Economic Zone and the Shanghai Pudong New Area, according to a circular issued by the Communist Party of China (CPC) Central Committee and the State Council.
Let's take a look at some things you should know about the Xiongan New Area.
Where is the Xiongan New Area?
Located some 100 kilometers southwest of downtown Beijing, the Xiongan New Area covers the counties of Xiongxian, Rongcheng and Anxin, and is home to Baiyangdian, one of the largest freshwater wetlands in North China.
What is the overall blueprint of the Xiongan New Area?
The new area will cover around 100 square km initially and will be expanded to 200 square km in the mid-term and about 2,000 square km in the long term, according to the official circular.
What's the significance of the Xiongan New Area?
The new area will operate as a new growth pole for the country's economy, and also aim to curb urban sprawl, bridge growth disparities and protect ecology. The area will be of the same national significance as the Shenzhen Special Economic Zone, established in the 1980s, and the Shanghai Pudong New Area, created in the 1990s, Xinhua said in a commentary.