In recent years, as China has emerged as a major player in electric vehicles (EVs), renewable energy, AI and other advanced industries, some commentators have revived the term under a new label: China Shock 2.0
The Central Government of China established Xiongan New Area in Hebei Province on April 1, 2017. Following the Shenzhen Special Economic Zone and Shanghai's Pudong New Area, Xiongan became the third new area of national significance
