Beijing's urban sub-center and Hebei's Xiongan New District constitute Beijing’s new “two wings” The two “thousand-year cities” meet in the new era. The functions of the city are constantly being improved, and the prototype of theCity of the Future is fully emerging.

Since 2019, Beijing's municipal agencies have moved approximately 30,000 people to the city's sub- center in two batches. As of now, there are 22,944 registered companies in the Canal Business District.