China to promote Xiongan New Area to world: FM

Xinhua
China will promote Xiongan New Area to the world this year, Foreign Minister Wang Yi said Thursday on the sidelines of an annual session of the National People's Congress.
Xinhua
Xinhua

Chinese Foreign Minister Wang Yi answers questions on China's foreign policies and foreign relations at a press conference on the sidelines of the first session of the 13th National People's Congress in Beijing, capital of China on March 8, 2018. 

China will promote Xiongan New Area to the world this year, Foreign Minister Wang Yi said Thursday on the sidelines of an annual session of the National People's Congress.

Xiongan New Area, established in April 2017, is a new economic zone about 100 kilometers southwest of Beijing in Hebei Province. It is the third new area of national significance after the Shenzhen Special Economic Zone and the Shanghai Pudong New Area.

He Lifeng, head of the National Development and Reform Commission, said Tuesday the area welcomes foreign investment that meets its functional requirements.

"Projects from the world over, which can meet requirements of the non-capital functions from Beijing and high quality development, are welcome," He told another press conference.

Major infrastructure projects had begun in the new area, including the construction of a rail link with Beijing. Travel time between Beijing and Xiongan will be 30 minutes.  

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