China’s State Council, the cabinet, unveiled a series of reform measures Thursday that would be initiate in the Xiong’an New Area in a document outlining the blueprint for the area’s development.
Xiong’an New Area, established in April 2017, is located about 100 kilometers south of Beijing in Hebei province and is set to become comparable with the creation of earlier economic zones in Shenzhen and Shanghai Pudong.
China will make reforms to fiscal, taxation and financial system in the Xiong’an New Area to boost its development and meanwhile, Beijing-based state-owned enterprises (SOEs) are . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from readers like you.
What you'll get:
- High-quality & in-depth reporting on the most important topics about China's economy and financial markets
- Daily Brief newsletter to give you a full picture of what's happening in China every weekday
- Interviews with China experts
- Conference calls and events
We are not content with general information that you can get everywhere. We go deeper to get details, data and perspectives you won't read elsewhere!
Already have an account? Sign In