The third New Area of China

    China has announced the establishment of the Xiong’an New Area in Hebei Province. Xiongan New Area is another New Area of national significance after the Shenzhen Special Economic Zone and the Shanghai Pudong New Area, according to the State Council.
    About Shenzhen Special Economic Zone:
Established in 1980, Shenzhen Special Economic Zone was the first special economic zone in China.Shenzhen Special Economic Zone establishment was part of Deng Xiaoping’s drive to open up China to the rest of the world and consolidate China’s place as a major economic player on the global stage.It has been oriented to develop as the National Reform Testing District, a national center for the economic development and innovation.The total exports from  Shenzhen Special Economic Zone , for 24 consecutive years, have topped those of cities on the Chinese mainland.
    Shanghai Pudong New Area:Established in 1993,  Shanghai Pudong New Areais now the second biggest administrative region of Shanghai. As a part of the national strategy,  Shanghai Pudong New Areahas seen significant improvements in the past 24 years, becoming the engine of economic and social development for Shanghai. It’s now home to the Lujiazui Finance and Trade Zone and the Shanghai Stock Exchange and many of Shanghai’s well-known buildings. Shanghai Pudong New Area is the core area of Shanghai’s four international centers of economy, finance, trade and shipping. It’s the pioneer district of scientific development, the test zone of China’s comprehensive reform and an open and harmonious ecological zone.
     Xiongan New Area ,The third New Area of China:
Established on April 1st, 2017,  Xiongan's New Areapurpose is to explore a new model of optimized development in densely-populated areas. It will span the counties of Xiongxian, Rongcheng and Anxin, which are at the center of the triangular area formed by Beijing, Tianjin and Hebei’s provincial capital Shijiazhuang. Xiongan's establishment is part of the measures to advance the coordinated development of the Beijing-Tianjin-Hebei region. It will help phase out some economic management and service functions from Beijing. It also marks China’s efforts to solve problems facing big cities, like traffic jams and heavy smog.
Xiongan New Area aims to develop into a green, ecological and livable area, a leading innovation-driven development area, and a demonstration zone for coordinated and innovative development.

Xiongan New Area

Xiongan New Area