Beijing, December 23, 2021 /PRNewswire/ -- The top diversified professional service and investment management company Coli International held the "Kelly International North China Fourth Quarter Press Conference" in Beijing and released the Xiongan New Area report. The report comp

Xiong'an New Area, New Development Concept Innovation Development Demonstration Zone

Beijing December 23, 2021 /PRNewswire/ -- Top diversified professional services and investment management company Colli International (NASDAQ Stock Exchange Trading Code: CIGI; Toronto Stock Exchange Trading Code: CIGI) held the "Colli International North China Fourth Quarter Press Conference" in Beijing and released the Xiong'an New Area report. The report comprehensively analyzed the Xiong'an New Area from multiple angles such as site selection, preliminary planning, construction progress, and mission significance.

"Outstanding world-wide, a city of living and living" In 2021, Xiongan New Area entered its fifth year. Through the "one-sheet planning", it entered the new stage of key projects "blooming multiple points" and transforming from large-scale development and construction to in-depth high-quality development. After more than four years of construction, Xiongan New Area, which carries the glorious mission of national events and millennium plans, is gradually turning a high-level socialist modern city from a planning blueprint into a realistic model.

"Big City Disease"

In 2020, the average commuting time in Beijing is nearly 50 minutes, the longest among major cities in China. As the only super-large city in the northern region, Beijing is constantly attracting talents and resources from surrounding areas to pour into Beijing. At the same time, the "siphon effect" produced by Beijing on surrounding cities has further aggravated population expansion and also led to the gathering of too many "non-capital functional" industries in the city. In the end, problems such as high housing prices, dense population, traffic congestion, and worrying air quality in cities have occurred, and has led to the increasingly serious "big city disease" in Beijing. The construction of Xiong'an New Area is one of the important tools to resolve the diseases of Beijing's big cities and relieve non-capital functions.

On the other hand, due to the siphon effect of Beijing and Tianjin on the Hebei economy over the years, the economic development of Beijing and Tianjin and surrounding cities has widened a huge gap. The economic development of the three regions of "Beijing-Tianjin-Hebei" is extremely unbalanced. Beijing and Tianjin have a highly concentrated population, and the population density is more than three times that of Hebei Province. As early as 2014, in order to solve the problem of unbalanced economic development in Beijing, Tianjin and Hebei, the country proposed the national strategy of ", Beijing, Tianjin and Hebei coordinated development ", and Xiongan New Area is an important part of the coordinated development of Beijing, Tianjin and Hebei. Therefore, in order to relieve the "non-capital function", solve the "big city disease" in Beijing, adjust and optimize the urban layout and spatial structure of Beijing-Tianjin-Hebei, and promote the coordinated development of Beijing-Tianjin-Hebei, the State Council proposed to establish Xiong'an New Area in Hebei Province in April 2017.

Xiong'an New Area Development Timeline

A piece of white paper

Xiong'an New Area's establishment and site selection refer to experiences from home and abroad. Yan Quhai, managing director of North China District of Coli International, said that from international experience, solving the problem of "big city disease" basically uses the method of "jumping out" to build new cities. For example, Japan's functional relocation plan for the Tokyo metropolitan area in the 1960s From my country's experience, Since the reform and opening up of , we have effectively promoted the development of the Pearl River Delta and the Yangtze River Delta through the construction of Shenzhen Special Economic Zone and Shanghai Pudong New Area, the site selection and planning of Xiong'an New Area have almost met all the conditions in terms of location, transportation, ecology and development:

First, Xiong'an New Area is about 100 kilometers away from Beijing and Tianjin, forming an equilateral triangle with obvious location advantages .

Second, the area has multiple railway and highway traffic trunk lines, basically forming a half-hour commuting circle with Beijing, Tianjin, Shijiazhuang, Baoding , and also has the advantage of an airport. It is about 55 kilometers away from Beijing New Airport , and is convenient for transportation.

Third, it has The largest freshwater lake in the North China Plain , Baiyangdian , multiple rivers meet in the area, and has a good ecology.

Fourth, the new district has a vast area with sparse population, few buildings, and low development degree of , which is close to "a piece of white paper". The population of Xiong'an core area is less than 100,000, and the land that can be developed and built is abundant and has strong plasticity, similar to Shenzhen and Pudong many years ago.

grand blueprint

Xiong'an New Area shoulders the important mission of deepening reform, expanding opening up, innovative development, urban governance, public services, etc. Its important mission is to explore new paths in the development and construction of the new area. The significance of Xiong'an is that it must not only be the leader of China's high-quality development, but also provide Chinese solutions for the transformation and development of the world's cities.

According to the planning outline of Xiongan New Area, Xiongan New Area will follow the spatial planning pattern of "one main, five auxiliary, and multiple nodes". Among them, "one main" refers to the starting area, which refers to the main urban area of ​​the new district located at the junction of Rongcheng and Anxin . "Five auxiliary" refers to the five peripheral groups of Xiongxian , Rongcheng, Anxin and Zhaili and Zanggang. "Multiple nodes" refer to several characteristic towns and beautiful villages.

Xiong'an New Area planning and positioning

New Area will first plan and build the starting area, and demarcate the start area within the starting area, focusing on the relocation of Beijing's non-capital functions, gathering a number of innovative and exemplary key projects such as the Internet, big data, Artificial Intelligence , modern finance, and playing a leading and driving role. By absorbing and aggregating innovative resources, Xiong'an New Area will lay out high-end and high-tech industries at a high starting point and become a new engine to drive the innovative development of Beijing, Tianjin and Hebei.

On-ground Galaxy

Xiong'an New District was established in 2017. After the planning period, it has now entered the stage of large-scale construction. Looking down at Xiong'an at night through a satellite perspective, a "On-ground Galaxy" is gradually emerging.

supporting , Beijing's hospitals and schools have established assistance mechanisms with local institutions in the new district, and will build three schools and one hospital in Xiong'an in a "turnkey" way. The construction of the three schools is expected to be completed by the end of 2021, and the hospital project is expected to be unveiled by the end of 2022. At the same time, the construction of infrastructure such as railways and highways is also underway. With the close cooperation between Beijing and Hebei, the Beijing-Xiong intercity railway has been fully launched and operated. The time from Beijing West Station to Xiong'an is shortened to 50 minutes, and the fastest distance from Daxing Airport can reach Xiong'an New Area in 19 minutes. Xiongan New Area has entered the Beijing 1-hour traffic circle.

policy , Xiongan New Area has already had a very clear top-level policy design, and specific policies are being formulated in a intensive manner. In 2019, the first piece of state-owned construction land in Xiongan New Area was listed for sale. Since then, a number of construction land have been sold one after another, including business and finance, residential and other land types. The land acquisition companies are mainly central enterprises, state-owned enterprises and provincial construction groups. Since 2021, the first batch of market-oriented projects in the new district have begun to be built one after another. It is expected that after the entry of a number of key market-oriented commercial projects in 2022, Xiongan New Area will accelerate the introduction and implementation of policy details in all aspects.

Millennium Plan

0 The establishment of Xiong'an New Area is a Millennium Plan. Chen Nan, deputy managing director of North China, National Event, said that the planning of Xiong'an New Area means that it will create a replicable urban model in the non-coastal areas of China. Relying on innovation-driven development, we will embark on a new road. Xiong'an has the dual status of relocation of Beijing's non-capital functions and promoting the coordinated development of Beijing, Tianjin and Hebei Province, which is of great significance to both Beijing and Hebei Province.

On the one hand, Xiong'an will become the growth engine of Hebei Province's new district, narrowing the development gap between Beijing, Tianjin and Hebei. In order to achieve complementary advantages and coordinated development of the three regions of Beijing, Tianjin and Hebei, the country formally proposed the major strategy of "coordinated development of Beijing, Tianjin and Hebei" in 2014. In 2015, the " Outline of the Coordinated Development Plan for Beijing-Tianjin-Hebei" was issued, clarifying that the overall positioning of Beijing-Tianjin-Hebei is a world-class urban agglomeration with the capital as the core. Since the new district mainly undertakes high-end industries and gathers medical and educational resources at the same time, the development of the new district will help improve the quality and level of social and economic development in Hebei Province and accelerate the adjustment and upgrading of the industrial structure within the province.

On the other hand, Xiong'an will form the new two wings of Beijing city with Beijing urban sub-center . From 2018 to 2019, relevant plans for Hebei Xiongan New Area and Beijing Urban Sub-Center were successively issued. According to the plan, the functions of the two regions are different and will achieve misaligned development.Among them, Beijing Urban Sub-Center mainly undertakes Beijing's municipal administrative and public institutions, and Beijing's administrative functions will be transferred here, and at the same time, it vigorously develops leading industries such as administrative office, business services, cultural tourism, and scientific and technological innovation. In January 2019, the first batch of 35 departments and 165 units of Beijing municipal-level agencies officially moved to the city sub-center office. Xiongan New Area mainly undertakes some central administrative and public institutions, headquarters enterprises, financial institutions, universities, scientific research institutes, etc. in Beijing that meet the positioning of Xiongan New Area. At present, Xiongan New Area has introduced points-based settlement policies and measures to support the development of enterprises, and has set up and opened a Xiongan government service window in Beijing to gradually accelerate the relocation of enterprises in Beijing. Up to now, the three major central enterprises, China Star Network, China Sinochem , and China Huaneng , have officially confirmed their new locations in Xiongan New Area. Lu Ming, director of the North China Research Department of Colliers International, suggested that the market can continue to pay attention to the formulation and release of relevant policy rules for Xiongan New Area such as industrial landing, talent attraction, and tax incentives, and pay attention to the entry of the first batch of market-oriented commercial projects and the construction progress of key supporting facilities. At the same time, with the successful implementation of the first batch of central enterprises, it will provide initial industrial driving force for Xiongan New Area and play a demonstration and leading role in subsequent industrial development. As non-capital functions are gradually relocated and relocated, these vacant industrial space will also provide sufficient development space for Beijing in the next stage. Focusing on the development goals of the "four centers", based on the construction of a national comprehensive demonstration zone for expanding the opening up of the service industry and the China (Beijing) Pilot Free Trade Zone, Beijing's new round of cage replacement is in full swing.

About Colliers International

Colliers International (Nasdaq and Toronto Stock Exchange Title Code:CIGI) is a leading diversified professional service and investment management company. With an operational network established in 66 countries, more than 18,000 enterprising professionals work closely together to provide expert advice to real estate users, owners and investors over 25 years, our senior leadership team (significant internal shareholding ratio) has brought about a compound annual return on investment to shareholders of approximately 20% of the annual revenue of 3.3 billion US dollars (including subsidiaries of US$3.6 billion), and the total assets managed by it is US$45 billion. We are able to maximize the potential of our property and accelerate the success of our customers and employees.