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Mon May 20 2024

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China plans £80bn spend on urban rail

6 Sep 12 China’s government has approved plans for 25 urban rail projects that could cost more than 800 billion yuan (£80bn) to build.

The National Development & Reform Commission (NDRC) approved plans and feasibility studies for projects in cities including Shijiazhuang, Taiyuan, Lanzhou, Guangzhou and Xiamen.

Forty Chinese cities are due to have subway systems by 2020, bringing the total track length to 7,000km, 4.3 times the current length.
 

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