A new development zone south of Beijing could turn out to be the most important domestic infrastructure project in China in the decade to come and lead to large-scale economic change.At the beginning of April, the Chinese government caught people by surprise by unveiling plans to create the Xiong’an New Area, a new development zone about 130 kilometres south of Beijing. According to the announcement, the first phase of development will cover an area of 100 square kilometres, with long-term...
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