China is building a mega-city

The new project will require large quantities of steel, copper and other materials, and the city's area will be almost three times the size of New York. Beijing's Belt and Road Initiative to create the Eurasian Trade Route has already started, but the infrastructure development program is facing challenges. In contrast, the success of another ambitious project by Chinese President Xi Jinping inspires a lot of confidence.

The president announced plans at the state level to transform an area called Xiongan, located 110 kilometers south of Beijing and near the port city of Tianjin, into a technology and innovation hub by creating a city that will eventually cover 2,000 square kilometers, or nearly triple. more New York.

The new Xiongan neighborhood is designed to ease the pressure on Beijing, which suffers from overcrowding, pollution and traffic congestion. The central government will relocate many state-owned enterprises and institutions, including universities to Xiongan.