New megalopolis in China to combine Beijing, Tianjin and Hebei province into a northern region economic hub called the Capital Economic Circle



Published in The Nation
Opinion Pages
Suwatchai Songwanich
Chief Executive Officer,
Bangkok Bank (China) July 14, 2014 1:00 am
Beijing has now grown to a city of 20 million people and it suffers from an urban malaise of air pollution, traffic jams, high costs and intense competition for resources by its residents.A planned solution to such issues is a grand new megalopolis that would draw together Beijing, Tianjin and Hebei province into a northern region economic hub called the Capital Economic Circle, also known as the Jing-Jin-Ji development plan. The Capital Economic Circle will cover an area of 216,000 square kilometres, contain a population of more than 100 million people, and have a combined GDP of over $980 billion.

If all goes according to plan, Beijing will become a more livable and attractive city and a centre for culture, international exchanges and technological innovation; Hebei will be a provincial commercial and industrial satellite with low business costs, great transport links, and high living standards; while Tianjin will be a thriving port city and high-tech industrial hub where businesses can enjoy lower land prices and labour costs. All will benefit from better logistics, complementary clusters of service and manufacturing businesses, and environmental protection.

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Published in The Nation
Opinion Pages
Suwatchai Songwanich
Chief Executive Officer,
Bangkok Bank (China) July 14, 2014 1:00 am
Beijing has now grown to a city of 20 million people and it suffers from an urban malaise of air pollution, traffic jams, high costs and intense competition for resources by its residents.A planned solution to such issues is a grand new megalopolis that would draw together Beijing, Tianjin and Hebei province into a northern region economic hub called the Capital Economic Circle, also known as the Jing-Jin-Ji development plan. The Capital Economic Circle will cover an area of 216,000 square kilometres, contain a population of more than 100 million people, and have a combined GDP of over $980 billion.

If all goes according to plan, Beijing will become a more livable and attractive city and a centre for culture, international exchanges and technological innovation; Hebei will be a provincial commercial and industrial satellite with low business costs, great transport links, and high living standards; while Tianjin will be a thriving port city and high-tech industrial hub where businesses can enjoy lower land prices and labour costs. All will benefit from better logistics, complementary clusters of service and manufacturing businesses, and environmental protection.

************************************************

To search for business parks in South-East Asia visit Global Business Parks at:

South-East Asia Business Parks Industrial Parks and SEZs

Click here for a list of Business Parks and Industrial Parks in Vietnam:

Vietnam Business Parks and Industrial Estates

Click here for a list of Business Parks and Industrial Parks in Thailand:

List of Thailand Business Parks and Industrial Estates

Click here for a list of Business Parks and Industrial Parks in the Philippines:

List of Philippine Business Parks and Industrial Estates

More news about business parks and industrial parks around the world at:

Website: www.GlobalBusinessParks.com

Twitter: @GlobalBizParks

Facebook: GlobalBusinessParks

News/Blog: my.GlobalBusinessParks

Flickr: GlobalBusinessParks

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