Breakingnewground

A quiet area near Beijing is set to become an innovative new national development zone

The [Xiongan New Area] will boost the economy in the region surrounding the capital, where Beijing’s wealth and prominence have not spread.

Move aside Shenzhen Special economic Zone and Shanghai Pudong New Area, there’s a new kid on the block. China’s successful test beds for reform and opening up will become a potent threesome after the news that three small counties resting in north China’s Hebei Province will form a new development zone, called Xiongan New Area.

The news, released on April 1, reported that Xiongan New Area when completed will be spread over 2,000 square km, making it larger than the Shenzhen Special Economic Zone, 1,991 square km, and the Shanghai Pudong New Area, 1,210 square km.