Xiongan New Area, a millennium green city, has attracted several multinational companies hoping to achieve development in what has come to be known as "China's Silicon Valley."
"The open and innovative attitude of the Xiongan government and its infinite future has attracted us to come here, and we will witness the growth of China's Silicon Valley," Zhou Xing, North China markets leader with consulting firm PwC told the Global Times late on Monday.
The comment came after the local government held talks with representatives of 18 multinational companies, including French firm Veolia, German conglomerate Siemens and PwC last week, as the government said planning of the new area—driven by innovation, green growth and smart city construction—has attracted global attention.
There were 2,152 enterprises registered in the new district as of January 11 this year, up from the first group of 48 companies registered in September 2017, and nearly half were information and technology companies, Xinhua News Agency reported on Monday.
The network security and privacy protection experts from PwC China can work with Xiongan in the fields of data security standards, management and protection systems, and personnel training and share their experience with countries and regions around the world, he said.
He added that the company, with a strong government project team, aims to provide high-end consulting services in the new district as it will attract a large number of high-quality, technologically innovative industries.
Xiongan is a unique new district that is starting from zero. From the very beginning, this plan has incorporated the world's latest technology and green ecological concepts, which are advantages not available in other parts of the world, he said.
In January, the State Council vowed to build Xiongan into a smart city and required the district to apply new technology and innovative management models to achieve digitalization.
As part of efforts in building an intelligent area, China's official Xiongan website held its first live broadcast with the help of 5G on Monday.