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Third, the feasibility and challenges of establishing a stock exchange in xiong'an new area.2. The role of the stock exchange in promoting the development of xiong'an new area.

1. Shenzhen's development example1. Shenzhen's development exampleFrom the perspective of the CPC Central Committee's the State Council policy, xiong'an new area, as a new area of national key construction, has received strong support from the national policy. If a stock exchange is to be established, the state can provide guarantee in policy formulation, supervision and coordination. In terms of geographical location and infrastructure, xiong'an new area is located in the core area of Beijing-Tianjin-Hebei, with convenient transportation and gradually improving infrastructure. Moreover, the high standard and foresight of xiong'an new area's planning provide a good hardware environment for the construction of the stock exchange. From the perspective of talents, with the development of xiong'an new area, it has attracted a number of high-end talents, and can rely on the rich talent resources in Beijing, Tianjin and Hebei to provide talent protection for the operation of the stock exchange.

2. The all-round influence of the stock exchange on the city1. xiong'an new area's Millennium Plan Positioning1. Shenzhen's development example