Hitachi announced a contract to build two of the fastest elevators the world has ever seen for a skyscraper in China. The building in question is the Guangzhou CTF Finance Center.

It will stand at 1,738 foot and is designed by KPF Architects overlooking the Pearl River when it is finished in 2017. Hitachi will build almost 100 elevators for the building. There are hotels, condos and offices in it.

Hitachi has actually developed most of the super-fast elevators of the last fifty years. Hitachi now supplies 15 percent of all of China's elevators—and China now buys 60 percent of all the elevators sold in the world.

[Japan Times]