Xiong'an New Area: Chinese FM promotes special economic zone

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01:22

We open with a look at the Xiong'an New Area. Chinese Foreign Minister Wang Yi promoted the special economic zone as the city of the future on Monday and promised additional reform measures and innovation for the developing metropolis. Ning Hong has the story.

WANG YI CHINESE FOREIGN MINISTER "Many measures of reform and Innovation that align with the direction of future development, will be tested and implemented in Xiong'an."

Wang has expressed his wish to invite more foreign parties to join in efforts to build the special economic zone.

WANG YI CHINESE FOREIGN MINISTER "It is a city of the future, a city that represents the 21st century. I would like to invite you all to participate, support and help build the city."

Xiong'an will be a hub for innovative industries and high-end services while maintaining an ecological balance between people and the environment. And there will be a reduction in the limitations on foreign investment.

NING HONG BEIJING "It is a city of future. Xiong'an will become a reflection of innovation, coordination, environmental appreciation, openness, and sharing - five major concepts of development in China. Ning Hong, CGTN, Beijing."