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Policy

China’s national new areas to roll out new development plans

October 10, 2018


Abstract : China’s 19 national-level new areas are to roll out new development plans, according to Economic Information Daily.

国家级新区

BEIJING, Oct. 10 (Xinhua) -- China’s 19 national-level new areas are to roll out new development plans, according to Economic Information Daily.

So far, the state council has approved a total of 19 national-level new areas such as Shanghai Pudong New Area and Hebei Xiongan New Area, most of which have come up with plans to build themselves into a national-level or even world class industry cluster.

Tianjin Binhai New District, for example, plans to actively develop agglomeration economy, open economy, and intelligent economy.

It is noted that 18 national-level new areas (excluding Xiongan New Area) have achieved total GDP of approximately 4 trillion yuan in 2017, accounting for five percent of national GDP.

Particularly, 11 national-level new areas saw their GDP exceeded 100 billion yuan scale. (Edited by Jiang Feifan, Niu Huizhe)

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Keyword: China-economy Xiongan-New-Area development-plan

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