The Guangzhou CTF Finance Centre, which is still under constructions is yet to fix a lift that will travel at 45 mph. This speed will enable the lift to reach the 95th floor in 43 seconds. The lift's brakes have the ability to sustain temperatures of more than 3,000C, guaranteeing its safety and normal operation. The previous record holder for the fastest elevator was Taipei 101 building in Taiwan, which travels at 37.7 mph. The speed enables the lift to reach the top floor in 30 seconds.