China stresses ‘steady’ planning for new economic zone

Vice-Premier Zhang Gaoli calls for tight control of land and protection of environment while touring Xiongan

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The Baiyangdian freshwater wetlands in Anxin, one of three counties that will make up the Xiongan New Area in Hebei province. Photo: Xinhua

Published: 8:00pm, 7 May 2017Updated: 8:00pm, 7 May 2017

Chinese Vice-Premier Zhang Gaoli has stressed the need for “steady” planning in an ambitious new economic zone the government has touted as a driver of growth in the country’s north, state-run Xinhua reported on Sunday.

The zone, in Xiongan, Hebei province, around 100km southwest of Beijing, will house some of Beijing’s relocated “non-capital functions”. It covers an area of 100 sq km but will eventually be expanded to 2,000 sq km.

News last month of the scheme to set up the zone that would be modelled on the Shenzhen Special Economic Zone that helped kick-start the mainland’s economic reforms in 1980 sent land prices soaring and prompted government warnings against speculation.

A banner supporting the government’s decision of banning new property sales is placed outside a closed sales office of a property in Xiong county last month. Photo: Reuters

Visiting the Xiongan New Area on Saturday, Zhang said the government should “plan well before taking action and make steady efforts in planning construction”, Xinhua reported.

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