Core Points - The relocation of the Beijing-Tianjin-Hebei Intercity Railway Investment Company to Xiong'an New Area aims to alleviate non-capital functions of Beijing and promote high-quality development in Xiong'an [1][2] - The company, established in March 2015 with a registered capital of 80 billion yuan, is responsible for planning, construction, operation, financing, and comprehensive development of intercity railway projects in the Beijing-Tianjin-Hebei region [1] - During the 14th Five-Year Plan period, the company is tasked with constructing 11 railway projects with a total length of approximately 1,220 kilometers and a total investment of about 295 billion yuan [1] Project Details - Completed projects include the Beijing-Tangshan Railway (Yanjiao to Tangshan section), Beijing-Tianjin Binhai New Area Railway (Baodi to Beichen section), Tianjin to Beijing Daxing International Airport Railway, and Beijing Huairou to Beijing Daxing International Airport Railway [1] - Ongoing projects include the Beijing Urban Sub-center section of the Beijing-Tangshan Intercity Railway, Shijiazhuang to Huanghua Port Intercity Railway, and the Tianjin to Chengde Railway, among others [1] Economic Impact - The relocation is expected to enhance resource aggregation and drive related industry development, effectively leveraging railway construction investment to stimulate regional economic growth [2] - The company plans to improve the layout of the high-speed railway network in the Beijing-Tianjin-Hebei region, promoting regional connectivity and aiming to create a "railway-based Beijing-Tianjin-Hebei" [2]