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June 8, 2011

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No sign of let up in China's skyscraper building spree

HONG Kong, Shanghai and Shenzhen have the most skyscrapers in the country, according to the first China's skyscraper report released by www.motiancity.com.

Hong Kong has 58 skyscrapers, followed by Shanghai's 51 and Shenzhen's 46. Beijing was ninth place with 13 high-rises.

China has been on a building spree of modern skyscrapers. Five of the world's top 10 tallest buildings are in China. Apart from the tallest 828-meter-high Burj Khalifa in Dubai, the second tallest, the third, the fourth, the seventh and ninth are in Taipei, Shanghai, Hong Kong, Nanjing and Guangzhou.

According to the report, in the next three years, one high-rise will be completed every five days in China. The total number of Chinese skyscrapers - taller than 152 meters - will reach 800 in five years.

Some small cities also plan to build skyscrapers, arousing doubts about overheating investment, the report said.

Fangchenggang City in Guangxi Zhuang Autonomous Region has less than 1 million residents, yet plans to build a 528-meter-tall Asian International Financial Center, taller than the Shanghai World Financial Center, it said.

Researchers doubt whether skyscrapers in small cities can be leased out due to a lack of headquarter economy support and insufficient numbers of white-collar workers.




 

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