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Xiongan New Area

Xiongan New Area
The latest news, analysis and opinion on Xiongan New Area. In-depth analysis, industry insights and expert opinion.
This aerial drone photo, taken in March, shows a railway station in China’s Xiongan New Area. Photo: Xinhua
China travel

China to open missing link in 2,370km railway connecting Hong Kong and Beijing

Completing a vital transport corridor, the high-speed route aims to accelerate economic integration between southern business hubs and northern megacities.

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IPO

China’s Mech-Mind Robotics set to take orders for US$300m IPO: sources

E-commerce

Temu owner PDD embraces China’s ‘city of the future’ after regulatory debacle

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China property

Will China’s new tech bases in Hebei and Tianjin revive local housing demand?

The new headquarters may boost rentals, but local home sales growth is likely to be far milder than surges in previous years, analysts say.

Pinduoduo has recently signed an agreement to set up a base at an e-commerce industrial park in the Xiongan New Area in Hebei province. Photo: Xinhua
China property

Hong Kong’s Langham group invests in Beijing’s ‘city of the future’ Xiongan

Planned 300-room, dual-brand hotel marks early private-sector involvement amid Xi Jinping’s push to accelerate development.

China’s Communist Party

Xi Jinping’s vision for Xiongan: innovation to drive ‘city of the future’

Chinese leader visits school and power company on fourth inspection tour of Xiongan New Area since project’s launch in 2017.

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Science

China applies to put up 200,000 satellites after calling Starlink a crash risk

US Federal Communications Commission says it approved SpaceX to launch 7,500 second-generation Starlink satellites.

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Several Chinese firms have applied to the International Telecommunication Union to put internet satellites in space as China and the US in a race to build megaconstellations. Illustration: Shutterstock
Hong Kong economy

Hong Kong can learn from mainland China’s rapid push on development: Paul Chan

Finance chief says Hong Kong will leverage its role as a ‘superconnector’ to help strengthen ties with Beijing-Tianjin-Hebei region.

Hong Kong economy

Hong Kong’s Paul Chan meets Xia Baolong on trip to Beijing, Hebei projects

Finance chief Paul Chan praises projects as he and fellow delegation members meet Xia Baolong, Beijing’s point man for Hong Kong affairs.

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China jobs

China’s SOEs breathe life into Xi Jinping’s ‘city of the future’ Xiongan

As state-owned firms relocate to new metropolis, jobs travel with them – but is it enough to lure workers?

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An aerial drone photo taken on March 15 shows a night view of the Xiongan business service centre in Xiongan New Area, north China’s Hebei province. Photo: Xinhua
Urban planning

China’s dated urban-development model must change, Beijing says at rare meeting

Amid property and urbanisation woes, China needs to ‘proactively adapt to changing circumstances’ and transform its approach to city planning, leadership says at Central Urban Work Conference.

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President Xi Jinping speaks at an unexpected meeting this week to discuss urban developments across the country. Photo: Xinhua
Xi Jinping

China’s ‘city of the future’ Xiongan marks latest step towards ambitious goals

Xiongan New Area now has 25 government agencies to guide continued expansion, city website says citing latest meeting.

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Bonds

Xi Jinping’s ‘city of the future’ logs record quarter for construction financing

Five batches of ultra-long special bond sales raked in several billion yuan for the Xiongan New Area, as development of ambitious megacity speeds up.

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In Focus

China’s Xiongan offers lush green spaces, but will newcomers grow to like it?

Advocates say the site 100km south of Beijing has a lot of potential, but empty streets and buildings suggest this is yet to be realised.

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Illustration: Brian Wang
China property

Beijing’s office leasing market mired in a downward spiral

‘Office rents in the central business district have declined by 20 to 30 per cent from a year ago because the economy is bad,’ Beijing-based real estate agent says.

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A view of the skyline in central Beijing, where office towers are fast losing tenants. Photo: AP Photo
Science

The new signal tech guiding the way under China’s next megacity

A low-cost indoor navigation system is set to help people navigate the maze of tunnels below Xiongan in the country’s north.

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Greater Bay Area

Greater Bay Area: think tank’s common market plan cites EU as instructive

A think tank has recommended the establishment of a common market in China’s Greater Bay Area, proposing a system of regional integration similar to the European Union.

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China's economic recovery

Xi tells Yangtze belt to avoid mega projects, ‘balance growth and security’

Officials tasked with developing regions along the Yangtze River are told by President Xi Jinping to ‘take the long view, make long-term strategies, and safeguard long-lasting security’, while pursuing new growth from technological innovation.

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President Xi Jinping, on a field trip to Jiangxi province this week, inspects petrochemical firm Sinopec Jiujiang on Wednesday. Photo: Xinhua
Accidents and disasters in China

As I see it | China’s grand plans for Beijing come at a heavy cost for outlying areas

The admission that the area surrounding the capital would serve as a ‘moat’ has angered residents and raised questions about a lack of consultation.

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State-owned enterprises

Officials survey state-owned enterprises to aid Xi’s push to Xiongan

Xiongan New Area plan viewed with suspicion because it is not near any regional commercial hub and workers do not want to move from China’s capital, says analyst.

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Xi Jinping

Xi gives China’s mega Jing-Jin-Ji plans a nudge with high-powered visit

During inspection visit to Hebei province, China’s president pushes for more progress in developing Beijing’s new municipal administrative centre and Xiongan New Area.

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Chinese President Xi Jinping says the Xiongan New Area will be one of two “wings” for the Jing-Jin-Ji project. Photo: Xinhua
Shenzhen

Opinion | Strict city planning could limit Xiongan’s growth before it begins

Shenzhen and Pudong were able to grow and reach their current heights thanks to good geography, climate, policy experimentation and, importantly, location. Xiongan lacks those advantages, and the central government’s tight controls risk choking off the kind of organic growth seen in the world’s great cities.

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Workers are seen on a construction site for municipal support facilities at the Rongdong area of Xiongan New Area, in Hebei province, on March 30, 2021. Photo: Xinhua
Xi Jinping

Xi signals fresh drive to move Chinese state institutions out of Beijing

During a tour of Xiongan New Area, the Chinese leader calls for greater efforts to move government, academic and financial headquarters out of the capital.

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China property

China to expand financial support for home rental market

China is introducing 17 new measures to expand financing for home rentals and fundraising options for related companies.

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China's economic recovery

What major infrastructure projects are giving China an economic boost?

From large-scale transport and water-conservancy projects to renewable energy efforts, China is splashing out trillions of yuan on critical infrastructure.

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China says construction has begun on more than 19,000 water-conservancy projects, of which 31 are considered “major” projects. Photo: Xinhua
China economy

Video | Backbone ready for China new megacity

China’s new megacity Xiongan takes shape near Beijing with residential area ready by summer 2023
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Video | Xiongan: China’s ‘city of the future’

Disease

Opinion | ‘We’re not taking foreign guests’: how Covid-19 has changed travel in China

Travel restrictions in China have eased as the coronavirus pandemic has been brought under control, but that has not made finding a hotel any easier for foreigners.

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