 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
Beijing (AFP) March 15, 2010 A high-speed railway that will cut the travel time between Beijing and Shanghai to four hours will open a year ahead of schedule in 2011, state media said Monday. Once operational, the line is expected to carry 80 million passengers a year -- double the current capacity on the 1,318-kilometre (820-mile) route, which now takes 10 hours, the China Daily reported, citing railway officials. No one at the railways ministry was immediately available to comment on the report, which did not say why the project was ahead of schedule. Beijing has an ambitious rail development programme aimed at increasing the national network from the current 86,000 kilometres to 120,000 kilometres by 2020, making it the most extensive rail system outside the United States. The expanded network will include 50,000 kilometres of high-speed rail, compared with the current 6,550 kilometres, the China Daily said. Work on the Beijing-Shanghai line started in April 2008 with a planned investment of 220.9 billion yuan (32.3 billion dollars) and so far more than half has been spent on it, it said in earlier reports.
Share This Article With Planet Earth
Related Links Great Train Journey's of the 21st Century
China's high-speed railway operator plans to list: mediaBeijing (AFP) March 2, 2010 The operator of a high-speed railway linking Shanghai and Beijing is planning a stock market listing this year to help it cover the project's massive costs, state media reported Tuesday. Beijing-Shanghai High-Speed Railway Co Ltd, indirectly owned by China's Ministry of Railways, hopes to raise 30-50 billion yuan (4.4-7.3 billion dollars) with the move, the China Daily said, citing an unname ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook