Trading plaza to boost elements transaction in Qianhai

Qianhai will have a trading platform exclusively for production factors transactions when construction on the Qianhai Trading Plaza is completed in 2025 in the Guiwan area.

The exclusive trading platform has been long-anticipated in Qianhai, which has had an active market of transactions of production factors such as labor, capital and technology with strong industry influence, according to Wen Jiaming, the project manager.

Miniature view of the Qianhai Trading Plaza.

Wen said the operation of the trading plaza will help mitigate the risks of market price fluctuations and be conducive to forming a cluster of enterprises upstream and downstream of the industrial chain,

The trading platform will be located in the 79,000-square-meter plaza, where there are 11 buildings, including two office buildings, a five-star hotel and an apartment building, a bus terminal and a cultural center. It has a total investment of 7 billion yuan (US$987.3 million) by Qianhai Investment Holding.

A new landmark in Qianhai, the project contains the development of both ground and underground spaces. There will be a pedestrian street, a bus terminal, centralized cooling stations and other infrastructure facilities in the underground space of the plaza. An underground parking garage across several adjacent buildings in the plaza will make most use of the space for more parking places.

Construction site of the trading plaza.

According to the contractor of the plaza, a simulation experiment was carried out before the construction began to make sure the safety of a nearby Metro line would not be compromised.

The simulation experiment, the first of its kind in the country, was awarded by the Chinese Academy of Railway Sciences.