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The Capital Economic Circle presents an opportunity to improve efficiency The Capital Economic Circle is a plan designed to tackle pollution, overcrowding, traffic congestion, income inequality and inefficient resource allocation in the region through better integration of the economic development of Beijing, Tianjin and the 11 cities of Hebei Province. The plan aims to improve upon fragmented and overlapping development around the region by using centralized, top-down planning and resource allocation.
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22 August 2014