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Xi Jinping Urges Xiongan to Drive Innovation and Reform

3/24/2026

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Story summary
  • Chinese President Xi Jinping visited the Xiongan New Area and urged it to become an innovation hub to ease Beijing's pressure.
  • During an inspection in Hebei province, he called for reform and innovation, including a technology park and science-based development.
  • He encouraged local governments to pilot innovative policies in technology and finance, praising Xiongan's progress as a decision to decentralize Beijing by relocating projects, including state-owned companies and educational institutions.