Xiongan seen sparking building materials boom

Since the announcement of the establishment of Xiongan New Area last month, Huang Langping, marketing director of Foshan Oceano Ceramic Co for the North China region, has received a number of old clients or newcomers seeking distribution rights in Xiongan.

Huang said that the effect of the new area would be felt in the resultant relocation of corporate headquarters and government agencies and residential property, among other factors. This, he said, would instantly lead to increased demand for building materials in the new area, located in Hebei province in northern China.

The management of Guangdong Huachang Aluminum Factory Co, which produces aluminum building profiles, has ordered its subsidiary in Jiangsu province in eastern China to talk with its distributors in Baoding, Hebei, about future development plans in response to the launch of Xiongan New Area.