The State Council approved and released an official scheme entitled the Urban Planning of Beijing on Wednesday, in hopes of keeping the permanent residential population within 23 million people by 2020, Yicai.com reported.
The plan, which covers the period from 2016 to 2035, gives Beijing strict control over the city scale and the ability to dilute its capital functions based on its resources and environmental capacity.
Other than population size, the usage of city and rural construction land will be reduced to 2,860 square kilometers, and cut down even further to 2,760 sq. km by 2035.
At the same time, in order to promote the coordinated development of the Beijing-Tianjin-Hebei area, the city will fully support the construction of the Xiongan New Area in nearby Hebei province.
Except for transferring Beijing’s educational and medical resources to Xiongan, as well as sharing technology assets in Zhong Guan Cun, the city’s innovation hub, the Hebei provincial government will also offer tax preferences to enterprises that are moving to Xiongan.