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World's longest cable-stayed bridge completes full connectivity

China

China

China

World's longest cable-stayed bridge completes full connectivity

2024-06-09 20:36 Last Updated At:21:07

The world's largest cable-stayed bridge, the Changtai Yangtze River Bridge in east China's Jiangsu Province, achieved full connectivity on Sunday after five years of construction.

The bridge, which connects cities of Changzhou and Taizhou in Jiangsu, has a total length of 10.3 kilometers. It is the first cross-river bridge that integrates a high-speed railway, an intercity railway and an ordinary road over the Yangtze River, the world's third longest river.

Construction of the bridge started in 2019 and it is expected to open to traffic by the end of April next year.

The closure of the main girder of the bridge was achieved precisely with an error of less than 2 mm, which is no mean feat.

"Next, we will work on the construction of ancillary facilities. The bridge is expected to pass the dynamic and static load testing and acceptance test by the end of April next year. By then, the bridge will be ready to open to traffic," said Li Haifeng, deputy head at the construction site.

Upon completion, the bridge is expected to help improve regional transportation network and contribute to the implementation of national projects of strategic importance, such as the building of Belt and Road intersection, the development of Yangtze River Economic Belt and the integrated development of the Yangtze River Delta.

World's longest cable-stayed bridge completes full connectivity

World's longest cable-stayed bridge completes full connectivity

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Japanese seek diversified investment options as yen devalues

2024-07-14 12:04 Last Updated At:12:37

The Japanese people are eyeing diversified investment options at a three-day wealth management exhibition which started on Friday in Tokyo, as the depreciation of their fiat currency yen goes on.

Since July, the retail price of gold in Japan has repeatedly hit new highs, and the price per gram rose to 13,612 yen (about 86 U.S. dollars) on Thursday.

As inflation continues in Japan, precious metals are increasingly popular as a way to beat it.

In addition to paper gold, rare precious metal coins have gradually become one of the new financial investment favorites in Japan in recent years.

"The gold content of coins determines their value as precious metals. But as collectibles, their price on the auction market will go up," said Mitsuru Hayama, an exhibitor.

In addition to traditional financial products which include real estate, there is a trend of diversification at this exhibition.

For example, for investment products such as agricultural blueberry gardens and mushroom farms, investors can choose to make investment only, or they can participate in specific business operations.

Investable wines and whiskies are also a big draw at the expo. Among them, wine investment has an online trading model, where investors can view the latest prices of wines on their mobile phones in real time and conduct transactions .

"You buy it when it's cheap and drink it whenever you want. This is the prime pleasure of investing in the wine. Even if you don't drink it yourself, you'll be happy if its price rallies," said Eiji Odawara, an exhibitor.

According to the latest data released by the Bank of Japan in June, as of the end of March this year, the scale of Japanese household financial assets inched up 7.1 percent compared with the same period last year, reaching 2,199 trillion yen (about 13.9 trillion U.S. dollars), hitting record highs for five consecutive quarters.

Among them, cash and deposits accounted for 50.9 percent, much higher than other advanced economies such as the United States and some European countries.

Japanese seek diversified investment options as yen devalues

Japanese seek diversified investment options as yen devalues

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