Xiongan New Area achieves a new milestone By Yang Yang | chinadaily.com.cn | Updated: 2021-04-01 15:06 Share CLOSE A bird's-eye view of Xiongan, North China's Hebei province, on Dec 27, 2020. [Photo/IC] Phased goals and tasks have been fully completed in Xiongan New Area, North China's Hebei province, four years after its establishment, People's Daily reported on Thursday. After relieving non-capital functions of Beijing, more space was created for the capital to develop "advanced, high-precision and cutting-edge" economy. The proportion of newly established market entities in the "advanced, high-precision and cutting-edge" industries, including science and technology and information, has increased from 40.7 percent in 2013 to 60 percent in 2020.