Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1111 Mon. July 16, 2007  
   
Business


China to invest $82b to expand urban rail systems


China will spend 620 billion yuan (82 billion U.S. dollars) building subways and urban railways in 15 major cities in the next ten years to ease traffic jams, according to the Ministry of Construction.

Around 1,700 kilometers of light rail systems will be built in the 15 cities, including Beijing, Shanghai, Guangzhou, Chongqing, Shenzhen and some provincial capitals.

Currently, there are only 22 urban rail lines with a total length of 602.3 kilometers in operation or in trial operation in China, mainly in Beijing, Shanghai and Guangzhou, according to ministry's statistics.