Xiongan to blaze a new trail for further reforms
Xiongan has been in constant change since April 1 last year when the Communist Party of China Central Committee announced its establishment as a new area to take over some of Beijing's non-capital functions and blaze a trail for the balanced development of the densely-populated Beijing-Tianjin-Hebei area.
It is no exaggeration to compare its role to that of Shenzhen as a Special Economic Zone in the 1980s and that of Pudong New Area in Shanghai in the 1990s, which were in turn pioneers for reform and opening-up at different stages of China's development in the past four decades.
The success China has achieved based on the experience of Shenzhen in the 1980s and Pudong in the 1990s will hardly be relevant for the development of the interior regions. So a new model is needed to blaze a trail in the new era, which is why Xiongan, 100 kilometers south of Beijing, was chosen as the latest development area.