The idea of Beidaihe financial town has a long history. On May 9, 2065438, the Qinhuangdao Municipal Government signed a cooperation agreement with Huaxia Happiness Foundation Co., Ltd. According to the agreement, Huaxia Happiness Foundation will give priority to the comprehensive development and construction cooperation in the agreed area of Beidaihe New District, and initially determine the development and construction work of the central city, including the financial and business center project. During the 5th Beijing International Trade Fair, Peng Yun, director of the Management Committee of Beidaihe New District, introduced the Beidaihe Life and Health Industry Innovation Demonstration Zone, and proposed to step up the construction of expert apartments, financial towns, wetland parks and other supporting service facilities.