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Core Points - The construction of the T2 terminal project at Shenzhen Airport has officially commenced, which will enhance the airport's capacity and operational efficiency, supporting its development as a composite international aviation hub [2][5] - The T2 terminal is designed to handle an annual passenger throughput of 31 million, featuring a main functional area of 400,000 square meters and 53 parking positions [3] - The new North Cargo Area project aims to significantly boost the airport's air cargo capacity, with an expected increase of over 180,000 tons per year upon completion [4] Summary by Sections Project Overview - The T2 terminal and North Cargo Area projects are major provincial and municipal initiatives that will form part of the central terminal area at Shenzhen Airport, alongside the existing T3 terminal and satellite hall [3][5] - The T2 terminal will include a 30,000 square meter rail transfer center and a 30,000 square meter ground transportation center, along with a 143,500 square meter parking structure [3] Economic Impact - The projects are expected to inject new momentum into Shenzhen's development as a globally influential economic center and modern international metropolis, particularly in light of the 45th anniversary of the establishment of the Special Economic Zone [2][5] - The airport has seen rapid growth in its aviation business, with passenger throughput reaching approximately 38 million from January to July this year, setting a new record for the same period since its opening [2] Logistics and Connectivity - The North Cargo Area is a key component of the "14th Five-Year Plan" for the Guangdong-Hong Kong-Macao Greater Bay Area, aimed at enhancing Shenzhen Airport's logistics capabilities [4] - The T2 terminal will facilitate seamless air-rail connections and efficient transfers between different terminals, meeting the needs for rapid transit [3]