The construction of tallest skyscraper in coastal city Qingdao has been launched. With a total investment of 13.7 billion yuan (US$2.07 billion), the Haitian Center consists of 3 towers. Its main building will reach 369 meters high and become the tallest structure in the city. With a floor space of 490,000 square meters, the structure is expected to start operation in 2020.