BEIJING (April 19): As Jiang Yunhai sees it, a random investment 14 years ago could be the most fortuitous decision he’s ever made.

The Beijing resident bought the Internet domain xiongan.com in 2003 before forgetting all about it -- until two weeks ago. That’s when China unveiled plans to create a new economic zone two hours drive southwest of the capital. The area, hyped as an innovation-driven heir to Shenzhen, is called Xiongan, an amalgam of the names of the three counties that now fall within its borders.

Jiang listed the website address for sale online with a price tag of 1.88 million yuan ($381,122). He says he’s received more than 1,000 messages from interested buyers.

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