Yuecai Town, a key project recognized by the Guangdong provincial government in the heartland of the Buxin-Shuibei gold and jewelry industry cluster in Luohu covering 220,000 square meters, topped out its main 180m-high office building on June 16.

Following the call of the Shenzhen municipal authorities for Luohu to try to improve the quality of its urban area and implement urban renovation projects, the district authorities invested 400 billion yuan to turn itself into a model for urban renovation in a densely built-up area of the city.

Yuecai Town, a key project recognized by the Guangdong provincial government in the heartland of the Buxin-Shuibei gold and jewelry industry cluster in Luohu covering 220,000 square meters, topped out its main 180m-high office building on June 16.

The complex includes office buildings, roof gardens, cinemas, kindergartens and other types of property. After it is opened, the project will become the largest trade and exhibition center of jewelry in Luohu, and a platform for exchanges and cooperation with the international jewelry industry.

The Shuibei-Buxin zone has developed into the largest gold and jewelry cluster zone in China, and it consists of one belt, two cores, three areas and a big green circle. The project is earmarked to become a platform providing comprehensive services for the rise of Shenzhen's gold and jewelry industries.

The construction of the Yuecai Town started on Dec 27, 2019, and many advanced construction technologies related to 5G and artificial intelligence have been applied to the project, making it a model of smart building in Shenzhen featuring high efficiency and eco-friendly management.