
CGTN: How Xiongan is evolving into a model for high-quality urban growth
24.3.2026 07:21:41 CET | GlobeNewswire by notified | Press release
CGTN published an article exploring Xiongan New Area's transformation into a modern urban model, highlighting the success of orderly relocation of Beijing's non-capital functions as the core driver. It emphasizes human-centered achievements through massive investment, policy guarantees, and integration measures. The piece delves into sci-tech milestones accelerating new quality productive forces, positioning Xiongan as a demonstration zone for balanced high-quality development under the 15th Five-Year Plan.
BEIJING, March 24, 2026 (GLOBE NEWSWIRE) -- Every morning, 70-year-old Wang Helai and his wife stroll along the newly restored Longquan River trail near their home in Hebei Province's Xiongan New Area. What was once a fragmented, littered dry channel is now a clear waterway lined with greenery. After the walk, they head straight to the community cafeteria in their compound, where meals are tailored for seniors and offer discounts for those over 60. Their daughter, who runs a nearby gym, often volunteers in the community.
For the family, education, healthcare, shopping, and recreation are all within a 15-minute radius. This seamless "15-minute life circle" captures how Xiongan has transformed daily living for ordinary residents, turning a planned city into a truly livable home.
The area's ongoing transition into a modern city has been underscored by Chinese President Xi Jinping's visit to Xiongan on Monday, where he inspected key sites, including the start-up zone, China Huaneng Group's relocated operations, and the Xiongan campus of Beijing No. 4 High School, and chaired a symposium on further advancing the high-quality construction and development of the area.
During his visit, Xi urged building Xiongan into an innovation hub in the new era and a model of promoting high-quality development.
Relocation as the core driver
Xiongan's primary role remains to carry out Beijing's non-capital functions in an orderly manner. Over the 14th Five-Year Plan period, the area completed cumulative investment exceeding 1 trillion yuan ($145.5 billion), achieved average annual GDP growth of 17.1%, developed nearly 215 square kilometers, and constructed more than 5,300 buildings.
In 2026, the start of the 15th Five-Year Plan, the focus has shifted to elevating overall capacity. The first batch of market-oriented secondary subsidiaries from central enterprises has settled, with additional groups, such as State Power Investment, accelerating integration.
A concrete example of this progress is China Huaneng Group. Over 1,000 employees from Huaneng's headquarters and affiliated units have already entered routine daily office life and operations in Xiongan since their official relocation in October 2025. This smooth transition illustrates how policy support and on-the-ground coordination are enabling large-scale central enterprises to integrate fully and sustainably.
A new wave of relocation projects is advancing, backed by targeted policy guarantees that ensure relocated personnel enjoy entrepreneurial conditions, living conditions, and income levels no lower than those in Beijing, along with 278 specific Beijing-Xiongan integration measures that provide equivalent access to healthcare, education, and social services.
Building a city people want to live in
Beyond infrastructure, Xiongan prioritizes making the new area feel like home, especially for families. The Xiongan campus of Beijing No. 4 High School stands as a flagship example from Beijing's "three schools and one hospital" support project – an initiative where Beijing funds and builds one kindergarten, one primary school, one secondary school and one general hospital, then hands them over to Xiongan for operation with ongoing management and teaching support from the respective Beijing institutions.
Opened in August 2023, the campus has formed an education group that extends high-quality teaching resources across the area. Its 2025 enrollment policy prioritized children from Category-1 and Category-2 relocated units, and student numbers continue to grow steadily, while the campus operated smoothly through the 2026 spring semester.
These efforts help ensure that relocated households can settle comfortably, with children accessing familiar, high-quality education close to home.
Innovation and new quality productive forces taking shape
National policy directs Xiongan to integrate sci-tech and industrial innovation, cultivate new quality productive forces suited to local conditions, and develop the Xiongan New Area Zhongguancun Science Park at a high level.
Key 2026 milestones include the release of the Jishu data model, developed jointly by Tsinghua University and a Xiongan-based firm, trusted data spaces achieving full coverage across government, finance, and energy sectors, and an aerospace innovation competition that has attracted participants nationwide and driven the landing of frontier projects.
These advances position Xiongan as a vital node in the Beijing-Tianjin-Hebei sci-tech innovation hub and a demonstration zone for new quality productive forces. Construction is steadily progressing to deliver "Xiongan quality" while maintaining clear skies, green landscapes, and clean waters.
Contact: CGTN Digital cgtn@cgtn.com
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin