Setting up a new Angular project is streamlined by the Angular CLI, a command-line interface that automates the initial setup. First, ensure Node.js and npm are installed, then globally install the CLI itself via npm install -g @angular/cli. With the CLI in place, navigate to your desired directory and initiate a new project using ng new your-project-name, where you'll be prompted to configure options like routing and stylesheet format, with the --standalone flag being a common addition for modern projects. Once the project is scaffolded and dependencies are installed, change into your new project directory (cd your-project-name) and launch the development server with ng serve, making your new Angular application accessible in your browser, typically at http://localhost:4200/.
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