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China to keep railway investment momentum: vice-premier

Zoom  Zoom Issue Date:2016-04-05   Browse:439
 HEFEI - Vice-Premier Ma Kai said Thursday that China will continue a "relatively large" scale of railway investment in the next five years, a critical period for railway expansion.
He made the remarks at a conference on railway construction, stressing the significance of railway development in China from 2016 to 2020.
 
"We should speed up the expansion of China's high-speed railway network, build more inter-city and city-suburb links, and work to complete a freight railway network," said the vice premier.
 
"We must accomplish the target of investing more than 800 billion yuan ($123 billion) in railway construction in 2016," said Ma.
 
China has some 121,000 kilometers of rail lines in operation. More than 19,000 kilometers of them are high-speed railways, accounting for over 60 percent of the total in the world.
 
 
 
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