Xiongan: a new development pattern for China
Updated 21:47, 02-Apr-2019
Liu Chunsheng
["china"]
Editor's note: Liu Chunsheng is an associate professor at the Beijing-based Central University of Finance and Economics and deputy dean of Blue Source Capital Research Institute. The article reflects the author's opinions, and not necessarily the views of CGTN.
On April 1, 2017, China announced it would establish Xiongan New Area and since then, the area has been the focus of China and even the world. One year later, the master plan for Xiongan New area was approved which symbolized a key step forward in its construction. Now Xiongan New Area is going to reach full-scale construction stage after a series of thorough investigations and completion of comprehensive plans over the past two years.
Xiongan has been considered a new economic zone with national significance after the Shenzhen Special Economic Zone and the Pudong New Area. It is expected to be of lasting importance for the millennium to come. The establishment of Xiongan New Area is an inevitable requirement to promote the coordinated development of Beijing, Tianjin and Hebei. It has natural advantages such as vast hinterland, abundant resources and strong environmental carrying capacity.
 The newly built Xiongan Citizen Service Center, March 31, 2019. /VCG Photo

 The newly built Xiongan Citizen Service Center, March 31, 2019. /VCG Photo

However, compared with Pudong New Area and Shenzhen Special Economic Zone, Xiongan New Area is still at a disadvantage in regional development balance, market-oriented level and industrial structure. Therefore, it is necessary to vigorously exert the diffusion effect of Beijing and Tianjin.
For example, large state-owned enterprises and universities should be encouraged to move to new areas, technology spillover effects in Beijing and Tianjin should be strengthened, and unbalanced regional development should be alleviated.
Xiongan New Area construction aims to build a world-leading smart city, create a high-quality ecological system and green area, set up intelligent transportation networks, develop high-tech industries and high-end service industries, establish platforms for innovation, foster a modernized city security system, gather top talents and provide efficient and effective public services.
The Xiongan High-speed Railway Station under construction, March 19, 2019. /VCG Photo

The Xiongan High-speed Railway Station under construction, March 19, 2019. /VCG Photo

These goals are different from Shenzhen Special Economic Zone and Pudong New Area and subsequently shows a very different direction, rhythm and principles within the construction and will become a new development pattern with high quality for China.
This new pattern will implement new development concepts and meets the growing needs of the people for a better life. It will indicate the fundamental feature and direction of economic development in the new era. This new pattern will create a fresh standard for construction quality and meet the requirements of building a prosperous, democratic, civilized, harmonious, beautiful, modern and powerful country in the new era. Xiongan will be a world-class brand that represents the direction of China's high-quality city cluster.
In the process of Xiongan New Area construction, China should push forward the development pattern reform in an all-round way and strive to build innovative demonstration areas to implement new development concepts.
 The construction site of the Beijing-Xiongan Railway pictured, February 16, 2019. /VCG Photo

 The construction site of the Beijing-Xiongan Railway pictured, February 16, 2019. /VCG Photo

Xiongan New Area construction will also set up a new development pattern in the whole process of planning, design, construction, operation and management.
Therefore, emphasis should be laid on actively absorbing and gathering innovative factor resources at home and abroad, building a modern high-end and high-tech industrial system with coordinated development of the real economy, scientific and technological innovation, modern finance and human resources, advancing reform centered on stimulating innovative vitality, promoting the deep integration of industry, building a leading area for innovative development and a pilot area for comprehensive reform.
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