Sep 4, 2012
By Paul Pennay and Zhu Na

Last week, more details emerged about a huge new building smack bang in the middle of Beijing's CBD. When it's completed in 2016 it will be the tallest building in the Chinese capital.

The "China Zun" - named after a traditional Chinese drinking vessel that it's said to resemble - is just the latest in a series of skyscrapers that will soon be sprouting up across China's larger cities.

CITIC Real Estate, an arm of the CITIC group - a powerful state-owned investment company - says that it will invest 24 billion yuan to erect the 528 meter structure.

According to what the company told The Beijing News last week, when the building is completed in 2016, tourists will be able to ascend to the top floor to admire the view.

CITIC Group acquired the lease on the land on which "China Zun" is to be built for 6.3 billion yuan back in Dec 2010.

Some of the skyscrapers under construction in other cities across China are set to dwarf even Beijing's tallest.

Four to watch out for are:

The 606 meter Wuhan Greenland Center (武汉绿地国际金融城) which is expected to be completed in 2016.

The 632 meter Shanghai Tower (上海中心大厦) which is due to be completed in 2014.

The 660 meter Ping\'an International Financial Center (平安国际金融大厦) in Shenzhen which is set to be completed in 2015.

The 838 meter Sky City (天空城市) project in Changsha that developers say will be built in 7 months and completed by early 2014.

Links and Sources
Beijing News: 北京第一高楼“中国尊”投资达240亿高528米