Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Tsing Micro Raises Over 2 Billion Yuan in State-Backed Round as China Ramps Up AI Chip Push
Synthetic Biology at Scale Could Reshape Food and Materials Systems, Expert Says
LATEST
Tsing Micro Raises Over 2 Billion Yuan in State-Backed Round as China Ramps Up AI Chip Push
Synthetic Biology at Scale Could Reshape Food and Materials Systems, Expert Says
ByteDance in Talks With Smartphone Makers to Embed AI Assistant
Lenovo Executive Urges AI Startups to Take On Tech Giants
Infinigence AI Raises 500 Million Yuan to Expand Heterogeneous Computing Platform
Alibaba’s Quark Unit Launches AI Glasses Powered by Qianwen Model
Pony AI Plans to Triple Robotaxi Fleet to 3,000 by 2026 as Revenue Jumps
China’s Semiconductor Software Push Gains Traction Amid U.S. Curbs
Alibaba Scales Back Retail Spending, Dismisses AI Bubble Fears
Huawei Slashes Flagship Phone Price Amid Slowing Shipments
China’s CXMT Takes Aim at Global Leaders With High-End DDR5 Memory Chips
Alibaba’s Profit Plunges 72% on Costly Foray Into Instant Retail
Xiaomi, Founder Stem Stock Rout With $115 Million Buyback
Analysis: Soaring Legacy Chip Prices Spark Windfall — and Risk — Across Supply Chain
Alibaba, Ant Race to Catch Rivals in China’s AI App Boom
New Flight System Targets ‘Blind Spots’ in China’s Low-Altitude Economy
Cover Story: The AI Boom’s Unsettling Paradox
AI Keeps China, U.S. From Decoupling Despite Trade Tensions, Insiders Say
Wingtech Demands Return of Nexperia Control After Dutch Freeze Pause
Intel Pivots to Custom Chips to Tap China’s Trillion-Yuan Computing Markets

By Wu Gang / Jan 17, 2019 01:52 AM / Economy

Photo: Xinhua

Photo: Xinhua

Chinese President Xi Jinping on Wednesday inspected the Xiong’an New Area, a zone established in April 2017 to encourage the development of northern China.

It was the second visit since February 2017, when the president went to Xin’an, Hebei to prepare the creation of Xiong’an, according to the official Xinhua News Agency.

The latest visit followed shortly after the Chinese government’s approval of a comprehensive blueprint for the new zone, with construction plans going out as far as 2035.

The central government has said it will build Xiong’an as a new place to catalyze the development of major North China cities Beijing, Tianjin and Hebei, and it will also ease some of Beijing’s metropolitan burdens.

The birth of the Xiong’an, slightly more than 100 kilometers south of Beijing in Hebei province, is said to be comparable with the creation of earlier economic zones in Shenzhen and Shanghai Pudong, which contributed to China’s opening-up to the outside world and transformation into the world’s second-largest economy.

Share this article
Open WeChat and scan the QR code