Beijing (CNS) -- The Central Business District (CBD) will be extended five floors down under the ground, covering a construction area of over 500,000 square meters, according to the Chaoyang District administration, Thursday.
The 11th Beijing CBD International Business Festival opens on September 15, accompanied with the release of the CBD "Twelfth Five-year Plan" design. Among the 18 buildings in the plan, the over-500-meter-high China Zun will be located southeast of the China Central Television Headquarters, with 108 floors above the ground and 4 beneath. It will own the highest point of Beijing by then, roughly 200 meters higher than the 330-meter China World Trade Center Tower III.
An urban plaza will sit south of the China Zun, as a green zone of the commercial district and also a shelter area.
Under the plaza, a five-story space will be developed for business purposes: basement one at eight meters with half an interlayer of power source, basement two at 5.5 meters as a commercial and parking floor, and the rest will all be 3.6 meters serving parking, civil air defense, and generator room functions.
The underground space will be interconnected for convenient mobility from one building to another within the CBD.
Outside the East Third Ring Road, a twin-tower joined at the top will stand 330 meters at the top of the arc.
Chang Shuqi, director at the Changyang Financial Services Office, told members of a press conference for the business festival that the 3.05-square-kilometer CBD has already finished its first phase of eastern expansion with five economic, living, media, financial, and portal areas. The second highest building in Beijing, between 400 and 500 meters, will join the group in the financial area. The Eastern Fourth Ring Road will replace the Eastern Bridge Road to receive municipal guests.
Fourteen land purchases were done recently in the CBD, embracing the company headquarters of 40 to 60 international financial institutions. The next five years will witness a CBD with ever increasing financial vigor and vitality.
For the moment, 1,244 financial organizations have registered in Chaoyang District, a quarter of the municipal total. Among all registered, 236 are guaranteed with a corporate body, and 258 are foreign capital firms, which is 33% and almost 70% of the city sum, respectively.
