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【Focus】China High Speed Railway Grow in 2020 by 2300km

【Focus】China High Speed Railway Grow in 2020 by 2300km 劢坦咨询
2020-08-07
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导读:​It is reported from China National Railway Group Co., Ltd. that the national railway construction i



It is reported from China National Railway Group Co., Ltd. that the national railway construction is being accelerated. By 2020, the number of launching construction of new lines  is expected to be 22, and the investment in railway construction is expected to exceed 500 billion yuan. About 4,400 km of new lines are expected to be opened,  of which 2,300 km is high-speed railway. In the first half of this year, 115 projects were re-started, and 1,178 km of new lines were opened. In the Q1 and Q2 this year, the investment on Railway has been growing in the negative trend of economic development, which sets a new record ever. Railway construction is playing the role of driving locomotive in the "six stability", "six guarantees", and bringing vitality to multiple industry chains.


The operation of new rail lines greatly facilitaties the travel of people along the lines and speeds up the flow of people, logistics and information. In the second half of the year, 24 projects will be opened with operation, including the Yinxi high-speed railway, the Hebei section of The Beijing-Xiong Inter-city railway, and so on.


Officials of the China Railway Group said that the construction of 22 projects and the investment of 500 billion yuan by 2020 will directly drive the development of metallurgy, construction, machinery, electronics, information and other related industries, increase employment, help China economy to achieve steady and long-term growth, and provide a solid guarantee for the implementation of the "six stability" and "six guarantees" deployment requirements and complete the building of a moderately prosperous society in all respects.


Article source:Science and technology daily





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