-
News >Bizchina
China to invest 700b yuan in high-speed railway
2010-06-07 10:31China is to spend as much as 700 billion yuan ($102.52 billion) on high-speed rail construction this year, the Xinhua news agency reported, citing He Huawu, chief engineer of the Ministry of Railways.
He expects 4,613 kilometers of high-speed rail line will be put into service this year.Related readings:
China, UAE sign MoU on railway cooperation
High-speed railway opensA total of 10,000 kilometers of line are already in construction up to date, according to He.