Some light reading
China sets off for next stop of railway development
http://www.chinadaily.com.cn/china/2017-01/04/content_27860850.htm
BEIJING -- China's state-run railway operator has released its major development targets for the year ahead, promising to boost investment, expand the network and increase the number of scheduled trains.
To help achieve its targets, it has been assigned a budget of 800 billion yuan ($115 billion) by the central government, the same as in 2016, according to statement released after China Railway Corp's (CRC) work conference Tuesday.
China aims to spend 3.5 trillion yuan on building railways during the 13th Five-Year Plan period (2016-2020), a vice minister of transport said Thursday.
Railways will generate gross revenue of 911.6 billion yuan, deliver over three billion passengers and 2.75 billion tonnes of cargo, CRC predicted.
That's a lot of steel, in fact 2100km of steel...
SF
Some light reading China sets off for next stop of railway...
-
- There are more pages in this discussion • 1,016 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
