‘Xiongan New Area to be Shenzhen of the north’

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04/12/2017 by Julia van der Doesch

The public is clearly paying more attention to the Xiongan New Area. Real estate sales and new permanent residential permits, or hukou, have been suspended to prevent speculative transactions.

And more than 30 state-owned enterprises have said they would set up shop in the new metropolis. Given its good location and rich resources, the Xiongan New Area is expected to reach new standards of development.

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