Xiongan's success hinges on prudence

The ongoing CCTV documentary Carry the Reform Through to the End has become a buzzword among Chinese people, highlighting the achievements of the reforms over the past five years under the leadership of the Communist Party of China with Xi Jinping as its core.

The millennium plan to establish Xiongan New Area spanning Xiongxian, Rongcheng and Anxin counties, which was announced on April 1, reflects Xi's new thinking on how to relocate the non-capital functions out of Beijing and further integrate the development of Beijing, Tianjin and Hebei province. And the decision to build a Beijing-Xiongan high-speed railway just three months after that announcement can be regarded as the first step to further promote the construction of Xiongan and move non-capital functions out of Beijing.

Unlike Beijing's Tongzhou district, the capital's administrative subcenter, Xiongan is expected to be an "innovation high ground" featuring smart industries, instead of just a manufacturing cluster or a real estate project.