New rail­way con­struc­tion to get $538 bil­lion: re­port

China Daily (Canada) - - NEWS CAPSULE -

China is go­ing to in­vest at least 3.8 tril­lion yuan ($538 bil­lion) in new rail­way con­struc­tion in the coun­try’s 13th Five Year Plan (2016-2020), Caixin Me­dia re­ported.

The plan aims to boost China’s rail­road to a record 150,000 kilo­me­ters and high-speed rail to 30,000 kilo­me­ters (93,205 miles), it said, cit­ing a draft pro­posal by trans­porta­tion au­thor­i­ties.

The rail­way net­work would link any ma­jor city with a pop­u­la­tion over 200,000 and re­duce the com­mut­ing time among them to 1 to 8 hours, ac­cord­ing to the pro­posal.

More than 20 high speed routes are de­signed to ex­pand the high-speed rail net­work, with pri­or­ity go­ing to links from Beijing to Shenyang, North­east Liaon­ing prov­ince; from Taiyuan, North Shanxi prov­ince to Zhengzhou, Cen­tral He­nan prov­ince and lines in the Mid­west­ern prov­inces.

PHOTO / XIN­HUA

Snow and ice cov­ered trees at Tu’er­hong Town­ship of Fuyun county, North­west China’s Xin­jiang Uygur au­ton­o­mous re­gion, on Mon­day.

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