Executive Briefings

China Plans to Build Hong Kong 2.0

China is planning to build a second Hong Kong city in Nansha, a district in southern China's Guangdong province.

Preliminary plans indicate a city of around 100 square kilometers will be built to help alleviate the development problems currently experienced by Hong Kong due to land shortages, protests and environmental concerns. Hong Kong has an area of about 1,100 square kilometers and currently houses more than seven million people.

The new city is expected to be developed into an international shipping hub. Its commercial importance will be boosted by the Guangdong free trade zone which was approved late last year. This zone will cover around 116 square kilometers.

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Preliminary plans indicate a city of around 100 square kilometers will be built to help alleviate the development problems currently experienced by Hong Kong due to land shortages, protests and environmental concerns. Hong Kong has an area of about 1,100 square kilometers and currently houses more than seven million people.

The new city is expected to be developed into an international shipping hub. Its commercial importance will be boosted by the Guangdong free trade zone which was approved late last year. This zone will cover around 116 square kilometers.

Read Full Article