In the context of Beijing-Tianjin-Hebei cooperative development and the establishment of Xiong'an New Area, Dingzhou Municipal Committee and Municipal Government, in accordance with the principle of "government-led, market operation", invested and operated the Northern Circular Economy Demonstration Park by Hebei Yingyuan Recycling Resources Development Co.

Since the establishment of the park in 2014, the first phase of the park has been built in an area of more than 5,400 mu, accepting the placement of more than 400 enterprises in Beijing, Tianjin and Hebei, with an area of 3 million square meters, a cumulative investment of 7 billion yuan, with a comprehensive annual output value of 20 billion yuan, and an annual emission reduction of more than 2 million tons of carbon, leading to the resolution of more than 20,000 people in the labor force, and truly realizing the benefits of the people, enterprises and the country. The park has won more than 20 provincial honorary titles, including National Resource Recycling Base, National Green Industrial Park, and Key Construction Project of Hebei Province.

The second phase of the park, which covers an area of more than 10,000 mu, has completed land storage, with a total investment of 30 billion yuan, and the second phase of the park will be completed in 2021 with a total investment of 300 million yuan in the construction of roads, pipelines and other infrastructure, focusing on the planning of the comprehensive utilization of energy demonstration parks, and the active cooperation with the Xin'ao Energy pan-energy project and the Xiyang Coke Oven Pipeline Project to reduce the cost of enterprise energy consumption from the photovoltaic energy storage, heat supply, gas supply, and the micro-grid system, forming an investment attraction. It will reduce the cost of energy consumption of enterprises and form an attractive advantage for investment promotion. The comprehensive competitiveness of Phase I and the comprehensive carrying capacity and sustainable development ability of Phase II of the park will be continuously improved. It will undertake the industrial transfer from Beijing, Tianjin and Xiongan New Area, and establish an energy production and consumption system with multi-energy integration, interaction between supply and demand, and efficient allocation.

After the completion of the project in 2032, the annual comprehensive emission reduction and carbon reduction can reach more than 10 million tons, and more than 300 new enterprises will be resettled, with an annual comprehensive output value of 50 billion yuan, which will enhance the development of resource recycling industry in Beijing, Tianjin and Hebei, construct a new growth pole for the regional economy, and endeavor to make the park a first-class demonstration base for the recycling economy, a low-carbon zero-emission green industrial park, and a demonstration base for comprehensive utilization of energy in China. Comprehensive utilization demonstration base.