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Xiong’an New Area is situated just 60 miles southwest of Beijing. Established to house institutions and companies struggling to find space in the crowded capital, the area also aims to develop technological innovation as China shifts to high value-added industries. It is being developed to alleviate the pressure from China’s capital and absorb it into the broader area of Jing-Jin-Ji – the region that includes Beijing, Tianjin and Hebei….