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Opinion: Will Xiongan Become China’s Third Growth Engine?

By Nie Huihua

The establishment of the Xiongan New Area is too important for China watchers to ignore, as it is a key decision by the Chinese authorities that will affect the country’s future political and economic outlook.

Will Xiongan become a third economic engine just as the Shenzhen Special Economic Zone (SEZ) did in the 1980s, helping to kick-start China’s market reform, or the Shanghai Pudong New Area did in 1993, supporting the country’s opening-up?

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