| One of the most talked-about initiatives undertaken by the Chinese
government, and a significant portion of China's people, is the desire
to host the 2008 Olympic Games in Beijing. Under this effort, City
management is undertaking significant infrastructure improvement projects
to projects to prepare the city for the anticipated crowds of international
visitors.
To ease the congested traffic of Beijing, CDB has provided loans
of more than RMB 4.65 billion to help with the construction of the
Fourth Ring Road of the city.
 The
Fourth Ring will be the backbone in Beijing's transportation network
system, with a total length of 65.26 kilometers. The Fourth Ring
will provide a fast and high-capacity transportation corridor that
links the Jingjintang Expressway, Jingshi Expressway, Badaling Expressway
and Capital Airport Expressway. It will ease the traffic burdens
of the city and improve the travel conditions of the urban-suburban-suburban
region so as to play an important role in promoting the development
of regional economy. The Fourth Ring Road will also be one of the
primary traffic routes for visitors to the Games to reach the Olympic
Village and various games venues.
The 15.76 kilo East Fourth Ring was completed in August 1999 and
has been in service since. The South, West and North Fourth Rings
total 49.5 kilometers in length. The South Fourth Ring was open
to traffic in September 2000, the North Fourth Ring in November
2000. The West Fourth Ring was opened to traffic in June 2001.
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