Shenzhen plans 169-floor skyscraper
MOVE aside Shanghai Tower, there's a new big boy in town.
Shenzhen has announced a plan to build a skyscraper as high as 739m on the old site of the Huanyu Tower in the newly designed Caiwuwei central financial district.
If the plan goes through, it means the building will overtake 632m-tall Shanghai Tower to become the tallest building in China and the second-tallest in the world after the Burj Kha-lifa in Dubai, according to the website of Luohu district of Shenzhen.
With 74 per cent of banking institutions, 80 per cent of insurance companies and 40 per cent of securities firms located in Caiwuwei, it is the Wall Street of Shenzhen.
The planned skyscraper will have 169 floors and called H700 Shenzhen Tower, according its builder's proposal.
China has several skyscrapers in the pipeline.
According to a list of top 10 skyscrapers to be completed this year that was reviewed by the Council on Tall Buildings and Urban Habitat of the US, six will be found in China.
ASIA NEWS NETWORK