Travel Demand Management Options in Beijing May

Total Page:16

File Type:pdf, Size:1020Kb

Travel Demand Management Options in Beijing May TravelTravel Demand Demand Management Management Options Options in in Beijing Beijing RapidRapid urbanization urbanization and and motorization motorization combined combined with with high high population population density density have have led led to to serious serious congestion congestion andand air air quality quality problems problems in inthe the People’s People’s Republic Republic of of China China capital capital of of Beijing. Beijing. While While Beijing Beijing accounts accounts for for less less thanthan 2% 2% of of the the population, population, more more than than 10% 10% of of the the country’s country’s vehicles vehicles ply ply the the city’s city’s roads. roads. This This study study is ispart part of of thethe Asian Asian Development Development Bank’s Bank’s initiative initiative to to support support greener greener and and more more sustainable sustainable transport transport systems systems that that are are convenientconvenient and and lessen lessen carbon carbon dioxide dioxide emissions. emissions. Read Read how how congestion congestion charging, charging, vehicle vehicle ownership ownership quotas, quotas, andand progressive progressive parking parking reforms reforms can can improve improve Beijing’s Beijing’s approach approach to to travel travel demand demand management. management. AboutAbout the the Asian Asian Development Development Bank Bank ADB’sADB’s vision vision is isan an Asia Asia and and Pacific Pacific region region free free of ofpoverty. poverty. Its Its missionmission is isto tohelp help its its developing developing membermember countriescountries reduce reduce poverty poverty and and improve improve the the quality quality of of life life of of their their people. people. Despite Despite the the region’s region’s many many successes, successes, it remainsit remains home home to to a largea large share share of of the the world’s world’s poor. poor. ADB ADB is iscommitted committed to to reducing reducing poverty poverty through through inclusive inclusive economiceconomic growth, growth, environmentally environmentally sustainable sustainable growth, growth, and and regional regional integration. integration. BasedBased in inManila, Manila, ADB ADB is isowned owned by by 67 67 members, members, including including 48 48 from from the the region. region. Its Its main main instruments instruments for for helpinghelping its its developing developing member member countries countries are are policy policy dialogue, dialogue, loans, loans, equity equity investments, investments, guarantees, guarantees, grants, grants, andand technical technical assistance. assistance. TRAVELTRAVEL DEMANDDEMAND MANAGEMENTMANAGEMENT OPTIONSOPTIONS ININ BEIJINGBEIJING ASIANASIAN DEVELOPMENT DEVELOPMENT BANK BANK 6 ADB6 ADB Avenue, Avenue, Mandaluyong Mandaluyong City City 15501550 Metro Metro Manila, Manila, Philippines Philippines ASIANASIAN DEVELOPMENT DEVELOPMENT BANK BANK www.adb.orgwww.adb.org TRAVEL DEMAND MANAGEMENT OPTIONS IN BEIJING MAY ASIAN DEVELOPMENT BANK Creative Commons Attribution . IGO license (CC BY . IGO) © Asian Development Bank ADB Avenue, Mandaluyong City, Metro Manila, Philippines Tel ; Fax www.adb.org Some rights reserved. Published in . ISBN -- - - (Print), -- - - (e-ISBN) Publication Stock No. TCS DOI: http://dx.doi.org/. /TCS The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. This work is available under the Creative Commons Attribution . IGO license (CC BY . IGO) https://creativecommons.org/licenses/by/./igo/. By using the content of this publication, you agree to be bound by the terms of this license. For attribution, translations, adaptations, and permissions, please read the provisions and terms of use at https://www.adb.org/terms-useopenaccess This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material. Please contact [email protected] if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo. Notes: In this publication, “¢” refers to US dollars. Exchange rate as of January : ¢. ¦ CNY.. ADB recognizes “China” as the People’s Republic of China. Corrigenda to ADB publications may be found at http://www.adb.org/publications/corrigenda Printed on recycled paper Contents Tablesª Figuresª and Boxes iv Foreword vi Acknowledgments vii Abbreviations viii Executive Summary ix I Introduction « A¬ Background « B¬ Current Urban Transport Issues « C¬ Growing Congestion and Declining Accessibility ® D¬ Air Pollution and Greenhouse Gas Emissions ¯ E¬ Compatibility of Institutional Arrangements ° II Travel Demand Management Measures «± A¬ Types of Travel Demand Management «± B¬ Purposes of Travel Demand Management and Other Measures «² C¬ Classification of Measures Using the Avoid–Shift–Improve Framework «¯ D¬ Beijing’s Experience with Travel Demand Management «° E¬ Summary of Implementation E´ects ±« III Assessment of Travel Demand Management Scenarios for Beijing ±® A¬ Bus Rapid Transit Network Plan Scenario Analysis ±® B¬ Charging for Road Use ±° IV Future Policy Challenges and Improvement Directions for Travel Demand Management ®µ A¬ Challenges ®µ B¬ Directions for Improvement ²¶ References ²± iii Tablesª Figuresª and Boxes TABLES « Changes in Trip Distances in ¸¶¶²–¸¶«¶ and Trip Times by Modeª ¸¶«¶ ² ¸ Policyª Regulatoryª and Oversight Responsibilities «¶ ± Mapping of Main Transport Agency Functions in Beijing «¸ ® Travel Demand Management and Other Measures Classified by Main Purpose «¯ ² Classification of Travel Demand Management and Other Measures by Avoid–Shift–Improve Framework «¹ ¯ The ¸° Measures ¸« ¹ Current Parking Price Standard ¸± ° Average Speed of Road Network ¸¯ µ Average Speed of Roads at All Levels within the Fifth Ring Road (Including the Fifth Ring Road) ±¸ «¶ Model Test Result—Mode Share Changes within Sixth Ring Road ±¹ «« Model Test Result¼ Vehicle Kilometers and Bus Rapid Transit Passenger Kilometers in Morning Peak ±¹ «¸ Overview of First Set of Scenarios ®¶ «± Overview of Performance of Scenarios on Key Indicators ®¸ «® Changes in Congestion Index ®¸ «² Changes in Mode Shares (Trips) ®¸ «¯ Changes in Car Demand Levels for the Area Charging Scenario ®® «¹ Changes in Mode Shares for the Area Charging Scenario ®® «° Changes in Car Shares for Trips between Di´erent Areas ®® FIGURES « Motorization and Car Availabilityª ¸¶¶¶–¸¶«® ¸ ¸ Changes in Modal Sharesª ¸¶¶¶–¸¶«± ± ± Sources of Particulate Matter (¿¸¬² microns) in Beijingª ¸¶«¸–¸¶«± ¹ ® Air Pollution in Beijing ¹ ² Days with Air Quality No Lower than Grade II Standard ° ¯ An Example of Bus Lanes in Beijing «± ¹ Monthly Changes in TraÁc Performance Index on Working Daysª ¸¶¶¹–¸¶«± «° iv Tables, Figures, and Boxes v ° Changes in TraÁc Performance Index Based on Flexible Working Hours ¸¸ µ Current Parking Zones in Beijing ¸® «¶ E´ect of Parking Policy Change ¸® «« Geographic Extent of Private Vehicle Use Restrictions ¸² «¸ Annual Growth in Car Fleet ¸¹ «± Locations of Public Bicycle Sharing Docking Stations ¸¹ «® Conditions Before and After Opening the Bus Lanes ¸µ «² Peak Period Bus and Passenger Flows on Beijing–Tongzhou Expressway Before and After Bus Lanes ±¶ «¯ Comparison of Changes in the Number of Passengers Using Batong Metro Line during Morning Peak Hours Before and After Opening the Special Lanes ±¶ «¹ Proportion of Road Network Congestion During Morning and Evening Rush Hours ±¸ «° Recent Trends in Bus Speeds ±± «µ Scenario «¼ One New Bus Rapid Transit Corridor ±² ¸¶ Scenario «¼ «¸ New Bus Rapid Transit Corridors ±² ¸« TraÁc Volume Change with Scenario « ±¯ ¸¸ TraÁc Volume Change with Scenario ¸ ±¹ ¸± Beijing Ring Roads ±µ ¸® Changes in Flows Using Distance-Based Charging Scenario ®± ¸² Relative Changes in Network Speeds Using Distance-Based Charging Scenario ®± ¸¯ Changes in Flows Using Area Charging Scenario ®² ¸¹ Changes in Speeds Using Area Charging Scenario ®² ¸° Cordon Charging Central Business District Area ®¯ ¸µ Changes in Flows for Cordon Pricing in the Central Business District Area ®¹ BOXES « Relevant Policies «µ ¸ Surveys of Public Biking Systems ¸° Foreword eijingª the capital of the People’s Republic of China (PRC)ª is one of the most economically advanced Bcities in the PRCª with a population of ¸« million¬ Beijing symbolizes the country’s rapid economic growth and serves as a model of urban development¬ Its transport policy influences other large cities in the PRC¬ The magnitude of its transport-related problems—and the implications for other
Recommended publications
  • Crafting Distinction
    Perennial Real Estate Holdings Limited Estate Holdings Real Perennial 精 益 求 铸 精 就 卓 越 Annual Report 2019 Perennial Real Estate Holdings Limited 8 Shenton Way #36-01, AXA Tower Refining Strategy Singapore 068811 Tel : (65) 6602 6800 Fax : (65) 6602 6801 Crafting Distinction [email protected] PERENNIAL REAL ESTATE HOLDINGS LIMITED www.perennialrealestate.com.sg Annual Report 2019 CONTENTS CORPORATE INFORMATION OVERVIEW BOARD OF DIRECTORS INDEPENDENT AUDITOR Corporate Profile 02 Other Markets 74 Mr Kuok Khoon Hong KPMG LLP Financial Highlights 03 The Light City, Penang, Malaysia 77 Chairman, Non-Independent Non-Executive Director Public Accountants and Chartered Accountants Chairman’s Statement (English) 06 Other Markets Portfolio at a Glance 78 16 Raffles Quay Chairman’s Statement (Chinese) 07 Mr Ron Sim #22-00 Hong Leong Building CEO’s Statement (English) 08 BUSINESS REVIEW – Vice-Chairman, Non-Independent Non-Executive Director Singapore 048581 CEO’s Statement (Chinese) 12 HEALTHCARE BUSINESS Our Presence 16 Mr Eugene Paul Lai Chin Look Audit Partner-in-Charge: Ms Karen Lee Shu Pei China 80 Our Milestones 18 Lead Independent Non-Executive Director (Appointed since 27 October 2014) Hospitals and Medical Centres 85 Our Business Model 20 Eldercare and Senior Housing 86 Our Integrated Strategy 22 Healthcare Portfolio at a Glance 88 Mr Ooi Eng Peng Board of Directors 24 Independent Non-Executive Director SHARE REGISTRAR Management Team 28 SUSTAINABILITY Mr Lee Suan Hiang Boardroom Corporate & Advisory Services Pte Ltd PERFORMANCE
    [Show full text]
  • Beijing Subway Map
    Beijing Subway Map Ming Tombs North Changping Line Changping Xishankou 十三陵景区 昌平西山口 Changping Beishaowa 昌平 北邵洼 Changping Dongguan 昌平东关 Nanshao南邵 Daoxianghulu Yongfeng Shahe University Park Line 5 稻香湖路 永丰 沙河高教园 Bei'anhe Tiantongyuan North Nanfaxin Shimen Shunyi Line 16 北安河 Tundian Shahe沙河 天通苑北 南法信 石门 顺义 Wenyanglu Yongfeng South Fengbo 温阳路 屯佃 俸伯 Line 15 永丰南 Gonghuacheng Line 8 巩华城 Houshayu后沙峪 Xibeiwang西北旺 Yuzhilu Pingxifu Tiantongyuan 育知路 平西府 天通苑 Zhuxinzhuang Hualikan花梨坎 马连洼 朱辛庄 Malianwa Huilongguan Dongdajie Tiantongyuan South Life Science Park 回龙观东大街 China International Exhibition Center Huilongguan 天通苑南 Nongda'nanlu农大南路 生命科学园 Longze Line 13 Line 14 国展 龙泽 回龙观 Lishuiqiao Sunhe Huoying霍营 立水桥 Shan’gezhuang Terminal 2 Terminal 3 Xi’erqi西二旗 善各庄 孙河 T2航站楼 T3航站楼 Anheqiao North Line 4 Yuxin育新 Lishuiqiao South 安河桥北 Qinghe 立水桥南 Maquanying Beigongmen Yuanmingyuan Park Beiyuan Xiyuan 清河 Xixiaokou西小口 Beiyuanlu North 马泉营 北宫门 西苑 圆明园 South Gate of 北苑 Laiguangying来广营 Zhiwuyuan Shangdi Yongtaizhuang永泰庄 Forest Park 北苑路北 Cuigezhuang 植物园 上地 Lincuiqiao林萃桥 森林公园南门 Datunlu East Xiangshan East Gate of Peking University Qinghuadongluxikou Wangjing West Donghuqu东湖渠 崔各庄 香山 北京大学东门 清华东路西口 Anlilu安立路 大屯路东 Chapeng 望京西 Wan’an 茶棚 Western Suburban Line 万安 Zhongguancun Wudaokou Liudaokou Beishatan Olympic Green Guanzhuang Wangjing Wangjing East 中关村 五道口 六道口 北沙滩 奥林匹克公园 关庄 望京 望京东 Yiheyuanximen Line 15 Huixinxijie Beikou Olympic Sports Center 惠新西街北口 Futong阜通 颐和园西门 Haidian Huangzhuang Zhichunlu 奥体中心 Huixinxijie Nankou Shaoyaoju 海淀黄庄 知春路 惠新西街南口 芍药居 Beitucheng Wangjing South望京南 北土城
    [Show full text]
  • CRCT) First and Only China Shopping Mall S-REIT
    CAPITARETAIL CHINA TRUST (CRCT) First and Only China Shopping Mall S-REIT Proposed Acquisition of Grand Canyon Mall (首地大峡谷) Proposed Acquisition15 ofJuly Grand Canyon 2013 Mall *15 July 2013* Disclaimer This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other developments or companies, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events. The information contained in this presentation has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither CapitaRetail China Trust Management Limited (the “Manager”) or any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation.
    [Show full text]
  • Boundary Identification for Traction Energy Conservation Capability of Urban Rail Timetables
    energies Article Boundary Identification for Traction Energy Conservation Capability of Urban Rail Timetables: A Case Study of the Beijing Batong Line Jiang Liu 1,*, Tian-tian Li 2, Bai-gen Cai 3 and Jiao Zhang 4 1 School of Electronic and Information Engineering, Beijing Jiaotong University, Beijing 100044, China 2 Beijing Engineering Research Center of EMC and GNSS Technology for Rail Transportation, Beijing 100044, China; [email protected] 3 School of Computer and Information Technology, Beijing Jiaotong University, Beijing 100044, China; [email protected] 4 Vehicle and Equipment Technology Department, Beijing Subway Operation Technology Centre, Beijing 100044, China; [email protected] * Correspondence: [email protected] Received: 14 February 2020; Accepted: 20 April 2020; Published: 24 April 2020 Abstract: Energy conservation is attracting more attention to achieve a reduced lifecycle system cost level while enabling environmentally friendly characteristics. Conventional research mainly concentrates on energy-saving speed profiles, where the energy level evaluation of the timetable is usually considered separately. This paper integrates the train driving control optimization and the timetable characteristics by analyzing the achievable tractive energy conservation performance and the corresponding boundaries. A calculation method for energy efficient driving control solution is proposed based on the Bacterial Foraging Optimization (BFO) strategy, which is utilized to carry out batch processing with timetable. A boundary identification solution is proposed to detect the range of energy conservation capability by considering the relationships with average interstation speed and the passenger volume condition. A case study is presented using practical data of Beijing Metro Batong Line and two timetable schemes. The results illustrate that the proposed optimized energy efficient driving control approach is capable of saving tractive energy in comparison with the conventional traction calculation-based train operation solution.
    [Show full text]
  • EUROPEAN COMMISSION DG RESEARCH STADIUM D2.1 State
    EUROPEAN COMMISSION DG RESEARCH SEVENTH FRAMEWORK PROGRAMME Theme 7 - Transport Collaborative Project – Grant Agreement Number 234127 STADIUM Smart Transport Applications Designed for large events with Impacts on Urban Mobility D2.1 State-of-the-Art Report Project Start Date and Duration 01 May 2009, 48 months Deliverable no. D2.1 Dissemination level PU Planned submission date 30-November 2009 Actual submission date 30 May 2011 Responsible organization TfL with assistance from IMPACTS WP2-SOTA Report May 2011 1 Document Title: State of the Art Report WP number: 2 Document Version Comments Date Authorized History by Version 0.1 Revised SOTA 23/05/11 IJ Version 0.2 Version 0.3 Number of pages: 81 Number of annexes: 9 Responsible Organization: Principal Author(s): IMPACTS Europe Ian Johnson Contributing Organization(s): Contributing Author(s): Transport for London Tony Haynes Hal Evans Peer Rewiew Partner Date Version 0.1 ISIS 27/05/11 Approval for delivery ISIS Date Version 0.1 Coordination 30/05/11 WP2-SOTA Report May 2011 2 Table of Contents 1.TU UT ReferenceTU DocumentsUT ...................................................................................................... 8 2.TU UT AnnexesTU UT ............................................................................................................................. 9 3.TU UT ExecutiveTU SummaryUT ....................................................................................................... 10 3.1.TU UT ContextTU UT ........................................................................................................................
    [Show full text]
  • Spatiotemporal Patterns of Carbon Emissions and Taxi Travel Using GPS Data in Beijing
    energies Article Spatiotemporal Patterns of Carbon Emissions and Taxi Travel Using GPS Data in Beijing Jinlei Zhang 1, Feng Chen 1,2, Zijia Wang 1,* ID , Rui Wang 1 and Shunwei Shi 1 1 School of Civil and Architectural Engineering, Beijing Jiaotong University, No.3 Shangyuancun, Haidian District, Beijing 100044, China; [email protected] (J.Z.); [email protected] (F.C.); [email protected] (R.W.); [email protected] (S.S.) 2 Beijing Engineering and Technology Research Center of Rail Transit Line Safety and Disaster Prevention, No.3 Shangyuancun, Haidian District, Beijing 100044, China * Correspondence: [email protected]; Tel.: +86-010-5168-8070 Received: 21 December 2017; Accepted: 19 February 2018; Published: 27 February 2018 Abstract: Taxis are significant contributors to carbon dioxide emissions due to their frequent usage, yet current research into taxi carbon emissions is insufficient. Emerging data sources and big data–mining techniques enable analysis of carbon emissions, which contributes to their reduction and the promotion of low-carbon societies. This study uses taxi GPS data to reconstruct taxi trajectories in Beijing. We then use the carbon emission calculation model based on a taxi fuel consumption algorithm and the carbon dioxide emission factor to calculate emissions and apply a visualization method called kernel density analysis to obtain the dynamic spatiotemporal distribution of carbon emissions. Total carbon emissions show substantial temporal variations during the day, with maximum values from 10:00–11:00 (57.53 t), which is seven times the minimum value of 7.43 t (from 03:00–04:00). Carbon emissions per kilometer at the network level are steady throughout the day (0.2 kg/km).
    [Show full text]
  • Arts & Culture
    ARTS & CULTURE ART P42 ART P48 IN PRINT P52 CINEMA P56 STAGE that’smags www.thebeijinger.com Novemberwww. 200 thatsbj.com8 / the Beijinger Sept. 200541 Hovering Child by American artist Fran Forman. See Preview, p46; photo courtesy of Common Ground All event listings are accurate at time of press and subject to change For venue details, see directories, p43 Send events to [email protected] by Nov 10 Nov 8-30 its over 150 art pieces of contem- porary art around the world from Wang Jie the 1960s to the present day. The By eliminating human figures in curatorial approach of the show is rt his paintings, Wang Jie’s emphasis basically chronological, showing is on clothes – our “second skin.” the historical development of the New Age Gallery (5978 9282) world of contemporary art that A Nov 8-Dec 21 parallels the trajectory of the Swiss Chinese Contemporary Art Awards bank’s tastes throughout the dec- ades. Expect big names including ART 2008 Founded in 1997 by Uli Siggs, CCAA Damien Hirst, Andy Warhol, Lucien has awarded Liu Wei this year as Freud, Jasper Johns, as well as its pick for “Best Artist” and Tseng emerging Chinese artists including Yu-chin as “Best Young Artist” (see Cao Fei, Qiu Anxiong and Xu Zhen. Feature, p44). Ai Weiwei has also National Art Museum of China been given a lifetime achievement (6401 2252/7076) award. The works of these three Until Nov 12 artists will be exhibited at the larg- Coats! est art space in 798. Ullens Center Until Jan 10: Edward Burtynsky’s China Beijing is the third stop – after for Contemporary Art (6438 6576) Berlin and Tokyo – for this exhibi- A fresh take on manufacturing art.
    [Show full text]
  • Glorious Property Holdings Limited 囱 盛 地 產 控 股 有 限
    非供於美國公佈 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或 完整性亦不發表任何聲明,並明確表示,概不就因本公告全部或任何部份內容而產生或因依賴該 等內容而引致的任何損失承擔任何責任。 本公告並不構成在美國提呈證券出售的要約。在並無登記或不獲豁免登記下,證券不一定可在美 國提呈發售或出售。在美國進行的任何公開發售證券,將以可向本公司索取的發售章程進行,發 售通函將載有本公司及管理層的詳細資料以及財務報表。本公司不擬在美國註冊任何部分的票據。 Glorious Property Holdings Limited 囱盛地產控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:845) 建議的優先票據發行 本公司擬進行建議的票據發行。有關這次建議的票據發行,本公司將向若干機 構投資者提供有關本集團的最新企業及財務信息,包括已更新風險因素、本公 司業務的及本集團承辦項目的概況、管理層就財務狀況及經營業績的討論與分 析、近期發展、關聯方交易及債務資料,該等資料之前尚未公開過。該等最新 信息摘要隨附於本公告並在向機構投資者發放的相若時間,可於本公司網址 www.gloriousphl.com.cn瀏覽。 – 1 – 建議的票據發行的完成須受市況及投資者反應規限。建議的票據的定價,包括 總本金金額、發售價及息率將由唯一賬簿管理人及唯一牽頭經辦人渣打銀行透 過使用入標定價的方式釐定。在落實最終票據條款後,渣打銀行及本公司等將 訂立購買協議。倘票據予以發行,本公司現擬使用票據收益對新增及現有項目 提供資金(包括建造費用及土地成本)及供作一般公司用途。本公司或會因應變 動中的市況及情況調整上述計劃,並因此可能重新分配建議的票據發行的收益。 本公司已申請票據於新加坡交易所上市。票據是否獲納入新加坡交易所並不視 為本公司或票據價值之指標。本公司將不會尋求票據於香港上市。 由於於本公告日期尚未就建議的票據發行訂立具約束力的協議,故建議的票據 發行不一定會落實。投資者及本公司股東於買賣本公司證券時,務須審慎行事。 倘購買協議獲予訂立,本公司將就建議的票據發行作進一步公告。 建議的票據發行 緒言 本公司擬進行建議的票據發行。有關這次建議的票據發行,本公司將向若干機構 投資者提供有關本集團的最新企業及財務信息,包括已更新風險因素、本公司業 務及本集團承辦項目的概況、管理層就財務狀況及經營業績的討論與分析、近期 發展、關聯方交易及債務資料,該等資料之前尚未公開過。該等最新信息摘要隨 附於本公告並在向機構投資者發放的相若時間,可於本公司網址 www.gloriousphl.com.cn瀏覽。 – 2 – 建議的票據發行的完成須受市況及投資者反應規限。建議的票據的定價,包括總 本金金額、發售價及息率將由唯一賬簿管理人及唯一牽頭經辦人渣打銀行透過使 用入標定價的方式釐定。除非根據票據的條款予以提前贖回,票據(倘獲發行)將 具有一次性還款。於本公告日期,尚未釐定建議的票據發行的款額、條款及條件。 在落實最終票據條款後,渣打銀行及本公司等將訂立購買協議,據此,渣打銀行 將為票據的初步買方。倘購買協議獲予簽署,本公司將就建議的票據發行作進一 步公告。 建議的票據發行將僅供渣打銀行以要約形式於美國境外遵照證券法項下的S規例 發售。概無票據將於香港公開發售,及概無票據將配售予本公司的任何關連人士。 進行建議的票據發行的原因 本集團是專注在中國主要經濟城市發展及銷售優質物業的最大的房地產發展商之 一。於二零一零年六月三十日,本集團在全中國11個主要城市,包括3個直轄市 (上海、天津及北京)、5個省會城市(合肥、瀋陽、哈爾濱、南京及長春)及3個位 於長三角主要區域的經濟城市(無錫、蘇州及南通)有多個項目處於已開發或正在
    [Show full text]
  • Beijing's Suburbs
    BEIJING MUNICIPAL COmmISSION OF TOURISM DEVELOPMENT BEIJING’S SUBURBS & SMALL TOWNS TO VISIT Getaway from China’s Capital —— 1 Discovering the Unique Charm and Vibes of Beijing’s Suburbs and Small Towns 1 Beijing’s Suburban Charm and Small-Town Vibes In the long-standing imperial Beijing, the red walls and yellow tiles exude the majestic imperial glamour, and the sedate country scene easily comes into your peripheral vision. A visit in Beijing guarantees you a walk of imperial solemnity in downtown Beijing, and a lot more country fun in the suburbs. You will see the many faces of the suburbs in the four seasons, walk through all the peaceful folk villages and exotic small towns, and make the most of your Beijing trips. This feature will highlight attractions of Beijing’s suburbs in the four seasons and open up year-round opportunities for visitors to soak up the best of the country life. A variety of small towns will also be featured, making for the best short trips to relax. 2 TRAVEL IN BEIJING’S SUBURBS AND SMALL TOWNS Highlights A Travel Guide to Beijing’s Suburbs Spring Explore the Nature | Feast on the Wild Summer Make a Splash | Go on Leisurely Outings Autumn Hike for Foliage | Foraging for Autumn Fruits Winter Ski down the Slopes | Bathe in Hot Springs 3 Best Small Towns to Visit “Chinese national” Small Towns 2 Gubei Water Town the Ultimate Retreat | Xiaotangshan the Hot Spring Resort “Western style” Small Towns 2 Spring Legend Town in Huairou | Huanghou Town Leisure Holiday Village Themed Small Towns 3 CTSHK RV Park of MYNS | Chateau Changyu AFIP Global Beijing | Qianjiadian Town in Yanqing Unique Cultural Villages 3 Cuandixia Village | Lingshui Village in Mentougou | Kangling Village For more information, please see the details below.
    [Show full text]
  • Observed Decreases in On-Road CO2 Concentrations in Beijing During
    Observed decreases in on-road CO2 concentrations in Beijing during COVID-19 restrictions Di Liu1, Wanqi Sun2, Ning Zeng3,4, , Pengfei Han1*, Bo Yao2, *, Zhiqiang Liu1, Pucai Wang5, Ke Zheng1, Han Mei1, Qixiang Cai1 5 1Laboratory of Numerical Modeling for Atmospheric Sciences & Geophysical Fluid Dynamics, Institute of Atmospheric Physics, Chinese Academy of Sciences 2Meteorological Observation Centre, China Meteorological Administration, Beijing, China 3Department of Atmospheric and Oceanic Science, University of Maryland, USA 10 4Earth System Science Interdisciplinary Center, University of Maryland, USA 5Laboratory for Middle Atmosphere and Global Environment Observation, Institute of Atmospheric Physics, Chinese Academy of Sciences * Correspondence to: Pengfei Han ([email protected]); Bo Yao ([email protected]) 15 Abstract: 带格式的: 字体: (默认) 宋体, (中文) 宋体, 小四 To prevent the spread of the COVID-19 epidemic, restrictions such as “lockdowns”, were conducted globally, which led to a 带格式的: 正文, 段落间距段前: 0 磅, 段后: 0 磅 significant reduction in fossil fuel emissions, especially in urban regionsareas. However, CO2 concentrations in urban 20 regions areas are affected by many factors, such as weather, biological sinks and background CO2 fluctuations. Thus, it is 带格式的: 下标 difficult to directly observe the CO2 reductions in CO2 concentrations with from sparse ground observations. Here, we focus on urban ground transportation emissions, which were dramatically affected by the prohibitionsrestrictions, to determine the reduction signals. We conducted six
    [Show full text]
  • Underground Space As a Connector
    ARCHITECTURE DEPARTMENT CHINESE UNIVERSITY OF HONG KONG MASTER OF ARCHITECTURE PROGRAMME 2010-2011 DESIGN REPORT NEW MOBILITY HUB IN BEIJING UNDERGROUND SPACE AS A CONNECTOR SHEKWai Ling, Sophy May 2011 \ r 00 Thesis Statement 01 Background Study 02 Site Analysis 03 Underground Space 04 Design Strategy & Development i Thesis Statement The fast urbanization and urban sprawl in Beijing causes problematic conditions in many areas of city. The south-east area is a representative case for this development. To cope with the problem of increased traffic congestion and emission in Beijing, the government has planned to expand the subway system to cover most parts of the city and aiming at a 1km node-to-node walking distance within the 3rd ring road area by 2020, in order to encourage citizens to use public transport rather than automobiles and develop a more sustainable life- style. In addition to the subway system, the government has planned underground networks as an alternative way to ease ground traffic congestion and land use tensions in downtown areas. Along with the Beijing Government's emphasis on the subway system and underground space development, a new subway station will be built in Nanmofang in the east part of the capital bringing new opportunities to this area, south of the extending CBD. This thesis attempts to connect an increasingly fragmented urban fabric through the introduction of an underground space network. The underground space network provides a large flexibility to link different destinations directly by the all weather pedestrian connections and helps to reconnect Beijing's urban blocks divided by the large street grid for vehicular traffic.
    [Show full text]
  • 14 Guangzhou R&F Properties Co., Ltd
    14 GUANGZHOU R&F PROPERTIES CO., LTD. Annual Report 2005 precise Market Positioning, satisfying customers’ needs GUANGZHOU R&F PROPERTIES CO., LTD. Annual Report 2005 15 R&F Property廣州 物業一覽 in China Heilongjiang Jilin Beijing Liaoning Xinjiang Neimenggu Hebai Tianjin Ningxia Shanxi Shandong Qinghai Gansu Xian Jiangsu Henan Shaanxi Tibet Anhui Hubei Sichuan Chongqing Zhejiang Shanghai Hunan Jiangxi Guizhou Fujian Guangzhou Yunnan Taiwan Guangxi Guangdong Hong Kong Macau Hainan No. of Project Land Bank Location under development Total GFA as at 14 March 2006 (sq. m.) (sq. m.) Guangzhou 11 1,143,000 4,128,000 Beijing 4 870,000 3,080,000 Tianjin 1 318,000 926,000 Xian 1 140,000 980,000 Chongqing 0 0 230,000 16 GUANGZHOU R&F PROPERTIES CO., LTD. Annual Report 2005 Business Review Overview of the PRC Property Market In 2005, China’s economy continued its rapid growth. The gross domestic product (“GDP”) in the People’s Republic of China (the “PRC”or “China”) reached RMB18,232.1 billion, which was a 9.9% surge over the previous year, while per capita disposable income of urban residents in cities and towns recorded a growth of 9.6%. The continuing growth in China’s economy and the rise in the disposable income of its citizens will inevitably lead to a higher demand for quality housing. During the year under review, the Chinese Govern- ment implemented a series of macro economic mea- sures to counter act the overheated property market. These macro economic measures have helped stabi- lized market conditions and in the long run are ex- pected to create a more balanced supply and demand situation and a healthier development of the prop- erty market.
    [Show full text]