China ramps up investment in rail infrastructure development
13.04.2023
In the first quarter of 2023, investment in the development of China’s railway infrastructure (CR) increased by 6.6% to 113.55 billion yuan (about 16.5 billion US dollars). During this period, track laying was completed on three new high-speed lines, in addition, several other key projects are being implemented. It is reported by Railway Supply magazine with reference to zdmira.
Currently, CR pays special attention to the development of transport links between individual regions of the country for their coordinated socio-economic development.
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China plans to increase the length of the railway network to 165,000 km by 2025, including 50,000 km of high-speed lines. As of the end of 2022, the total length of the network lines was 155,000 km, including 42,000 km of HSL.
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