Xiong'an New Area
Hebei Province, ChinaNew CityUnder development
A state-level new area in Hebei Province designed to relieve non-capital functions from Beijing, with over 1.36 million residents as of 2024.
Founded
2017
Status
Under development
Operating entity
Xiong'an New Area Administrative Committee (under Hebei Provincial People's Government); Xiong'an Group investment vehicleChina (established April 1, 2017)
Total funding
$119.3Bas of 2025-02
Population
1,360,000 / 5,000,000current / target
Founders & Leadership
- Established by CCP Central Committee + State Council under Xi Jinping
Founding decision-makers
Funding
Total raised: $119.3B (as of 2025-02)
¥860B+ (~$119.25B) completed investment by Feb 2025; ¥835B (~$115B) by early 2025; ¥400B (~$57B) by Sept 2022.
Investors
- Government of China (fiscal allocation)Government
- China Development Bank (state bank loans)Government
- China Satellite Network Group (relocated SOE)Firm
- China Huaneng (relocated SOE)Firm
- Sinochem (relocated SOE)Firm
- Beijing-Tianjin-Hebei Railway Co (relocated SOE)Firm
How to join
SOE relocation
JobResident migration
ResidencyHousing acquired pre-built since Sept 2023.
Enterprise relocation (4,000+ Beijing-based enterprises)
Business incorporation
Goals
1,770 sq km area; 30% urban / 70% blue-green; 'fifteen-minute city'; relieve Beijing of non-capital functions.
- Target population — 5,000,000
Press
- Xinhua · 2025-04-24Xiong'an investment milestone
Official channels
Unverified or unconfirmed
founders (specific named CEO/director), links.twitter, links.instagram, links.linkedin. Have a correction? →