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China's Xiong'an sees debut of first centrally administered SOE headquarters

0 Comment(s)Print E-mail Xinhua, September 26, 2024
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The headquarters complex of the China Satellite Network Group Co., Ltd. opened on Thursday in Xiong'an New Area in north China's Hebei Province, becoming the first centrally administered state-owned enterprise to set foot in the city dubbed as China's "city of the future."

As the Chinese vision of modernity has been meticulously constructed over the past seven years, the urban landscape of Xiong'an has gradually taken shape.

The state-owned company headquarters located in the city's Internet industrial park is designed to be made up of a group of low-rise buildings shaped like a flower when viewed from above.

In April 2017, China decided to establish the Xiong'an New Area as a part of a strategy to promote the coordinated development of the Beijing-Tianjin-Hebei region. Xiong'an was designed to be a smart and livable city that is innovative, green and free from "urban ills."

In addition to the satellite company, Xiong'an is expected to get together a group of companies engaged in satellite Internet, time and space information services and aerospace aircraft development to build up an aerospace information industrial chain. 

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