Beijing to curb budget flats in Olympic zone
(Shanghai Daily)
Updated: 2006-07-13 11:44 Beijing will restrain the
construction of budget apartments in its Chaoyang District's Olympic zone,
according to a development plan issued yesterday, Beijing News reported.
The Olympic zone is expected to have a strictly controlled population. It
will mainly feature luxury apartments to attract elites from every industry. The
annual population growth in the zone will be restricted to within 0.15 percent
by 2010, the report said.
The project also featured a scheme of "one axis, two parks, three sections,
four pillar industries and five key tasks" for the Olympic zone, which will
cover an area of 67.4 square kilometers and will be centered by the Olympic
Park.
The "one axis" referred to the Olympic Avenue, which will function as the
trunk road in the zone. The "two parks" referred to the Olympic Park and the
Jianxiang Science & Technology Park, both of which will be built alongside
the avenue.
The "three sections" will be an ecological section, an educational section
and a residential section. Tourism, exhibition, technical service and
entertainment will contribute to the zone as the "four pillar industries," the
report said.
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