Markets

China to establish new economic zone near Beijing

China to establish new economic zone near Beijing”

The preparatory committee for Xiongan New Area in northern China announced Wednesday that seven people had been arrested for real estate violations.

He said the area should see a "reasonable pace of development" while stressing that large-scale real estate development and illegal construction would not be allowed.

According to Bloomberg, an analysts at Jefferies Group, Howard Lau here adds, "The collaborative development of the three regions is meant to solve problems like overpopulation and traffic congestion in Beijing".

The shipbuilder said in a statement on Thursday it had participated in environmental protection in Baiyang Lake, which sits inside the Xiongan New Area.

Bernice King, others weigh in on controversial Pepsi protest ad
They say she was complicit even if she didn't come up with the idea for the ad or wasn't involved in its writing and final edits. Thank you, I do appreciate it, but don't do that again.

Chinese stocks continued to rise Friday, with the benchmark Shanghai Composite Index closing at a 15-month high thanks to boosted market sentiment over Xiongan New Area, a new economic zone to be built near Beijing. The new economic zone will ultimately encompass an area over 400 square miles greater than New York City.

The new area will create a favorable environment for innovation and attract innovative talent and teams to help build it into a "high ground" for innovation and a new science and technology city, the official said.

Zhang told the conference that Xiongan should be "a green, livable modern urban area, a region led by innovation-driven development, a demonstration area of balanced development and a pioneering region of open development".

It is part of the government's ambitious plan to develop the Beijing-Tianjin-Hebei region.

Sensex, Nifty rally to record high, all eyes on RBI
The wider 51-scrip Nifty of the National Stock Exchange (NSE) slipped down by 3.20 points or 0.03 per cent to 9,261.95 points. The central bank also raised the growth forecast for the current fiscal to 7.4 per cent from 6.7 per cent in 2016-17.

On integrating development of the region, Zhang called for progress in integrating transport, protecting the environment as well as upgrading and transferring industries.

The main aim is not to develop the real estate industry, let alone to become a speculative "gold mine", Zhao said.

"We'll also give support to major transportation, ecology, water conservation, energy and public service projects in the new area", he said.

Guardiola: Chelsea Clash Will Show If City Has Progressed
Kevin De Bruyne has now assisted 13 goals this season for Man City in all competitions, one more than he managed last season. There could be no arguments about referee Mike Dean's decision - Fernandinho clearly scooped Pedro's left leg away.



Like this

Latest


07 April 2017
Luann D'Agostino Opens Up About New Cast Member Tinsley Mortimer
But because of the ladies' strong opinions about Tom , LuAnn told Dorit she's not inviting any of them except for her. I'm excited to see a different side of Bethenny this season. "And she's such a dear friend to offer it to me".

07 April 2017
O'Reilly advertisers risk reputation, but viewers remain
Fox has "treated women very badly", Waters said, adding that she supported a criminal investigation of the matter. If this news cycle dies fairly quickly, then I think we won't see much change at Fox News.

07 April 2017
Nearly half of US adults infected with genital HPV
The study was conducted using Gardasil 9, a version of the vaccine approved by the Food and Drug Administration in late 2014. The program is newer for boys, however, and we expect this rate to increase over time.

07 April 2017
Federal judge blocks Indiana abortion ultrasound mandate
For the sake of women in these states , the hope is that access to health care and birth control will be protected by the courts. The only indication they seem to have linking it to the Kalamazoo Clinic is a prescription she was issued at the time.

06 April 2017
Watch How a Beloved Spacecraft Will Die in Saturn's Atmosphere
Beyond that, Cassini will spend its remaining time studying Saturn itself, including its atmosphere and magnetic fields. Cassini will fly by Titan on April 22 and the moon's gravity will shrink Cassini's orbit down to the final rotations.

06 April 2017
Shaheen Defends Filibuster, Says Gorsuch 'Too Extreme' For U.S
Merkley wrote on Twitter , "This is a stolen seat that demands as robust a resistance as we can possibly mount". For now the filibuster barrier on legislation will remain, though many fear it could be the next to go.

06 April 2017
Scripps Climate Scientist Discusses Implications Of Trump's Rollback Of Clean Power Policy
Obama's insufficient effort to address climate change is gone with a stroke of Trump's pen. "So we plan to oppose that". Burning coal is twice as carbon-intensive as natural gas and is a main contributor to global greenhouse gas emissions.

06 April 2017
MLS stadium funding goes down in defeat
The group proposed the development shortly after the NFL's Chargers announced they were relocating to the Los Angeles area. Dan Courtemanche, Major League Soccer's executive vice president of communications, released a statement via Twitter .

06 April 2017
The Weekly Research Analysts' Ratings Updates for Lloyds Banking Group PLC (LLOY)
If you are reading this story on another publication, it was stolen and republished in violation of global copyright legislation. Stock exchanged hands with the total volume of 1.78 Million shares, as contrast to its average volume of 1.33 Million shares.

06 April 2017
YouTube TV starts streaming in five United States cities
All in all, the list totals 50 channels, with add-on options such as Showtime, horror streaming site Shudder, and Sundance Now. Priced at $35, the service is available in the San Francisco Bay Area, Los Angeles, New York City, Philadelphia, and Chicago.



Recommended