Qingdao-Yinchuan Expressway, Heze-Guanzhuang Expressway, Ji'nan-Laiwu Expressway, Weihai-Rushan Expressway, Jiaozhou Bay Ring Expressway, Ji'nan North Ring Section of Qingdao-Yinchuan Expressway, Qingdao Jiaozhou Bay Bridge, Linyi-Zaozhuang Expressway and Yantai-Haiyang Expressway in Shandong Province. Outside the province, SDHS controls Xuchang-Yuzhou Expressway and Xuchang-Bozhou Expressway in Henan Province, Leshan-Yibin Expressway and Leshan-Zigong Expressway in Sichuan Province, Suolongsi-Mengzi Expressway and Kunming Airport Expressway in Yunnan Province, Hengyang-Shaoyang Expressway in Hu'nan Province and Wuhan-Jingmen Expressway in Hubei Province, hence achieving its low cost expansion. SDHS has other 1127 km expressways under construction, mainly including Weifang-Rizhao Expressway, Tai'an Dong'e Expressway, Longkou-Qingdao Expressway and the Extension Project of Northern Line of Ji'nan-Qingdao Expressway. Jiaozhou Bay Bridge In June 2011, SDHS opened the Jiaozhou Bay Bridge near Qingdao, Shandong, after four years of construction and at a cost of more US$1.5 billion. Upon its completion, this bridge is reported to be the world's longest roadway bridge over water. Jiaozhou Bay Bridge was also awarded the "George S. Richardson Medal" - the world's highest international prize for bridges, in 2013. 2. Railway operation SDHS has two railway investment and operation entities: Shandong Railway Construction Investment Co Ltd, which executes investors' responsibility on behalf of the government, and Shandong Hi-Speed Rail Transport Group Co Ltd. The Beijing-Shanghai Hi-Speed Railway, Qingdao-Rongcheng Inter-city Railway and Shanxi Middle and South Railway with SDHS as a shareholder have been operational. SDHS also holds controlling interest of Dezhou-Longkou-Yantai Railway totalling 588 km and some national railway projects with investment from SDHS such as Huanghua-Dajiawa Railway, Shijiazhuang-Ji'nan Special Passenger Railway and Qingdao-Rizhao-Lianyungang Railway are under construction. SDHS, as major shareholder, is also responsible for the construction of Ji'nan-Qingdao Hi-Speed Railway totalling 309 km in length and US$9.1 billion in investment and Lu'nan Hi-Speed Railway totalling 494 km and US$11.2 billion in investment. The predecessor of Shandong Hi-Speed Rail Transportation Group Co., Ltd is Shandong Local Railway Bureau, which is responsible for investment, construction and operation of local railways and rail transits in Shandong Province. At present, it has been operating 586 km local railways like Dajiawa-Laizhou-Longkou Railway, Pinglan Railway and Shouguang-Zouping Railway, etc. and 743 km is under construction. The asset size and cargo traffic volume rank the top among the provincial-level local railway companies in China. 3. Logistics industry Logistics is the emerging industrial sector which SDHS attaches great importance to and it is also one of its pillar business approved by The State-owned Assets Supervision