China Railway Investments Grew in 2015, Hainan High-Speed Rail Now Open

China Railway Investments Grew in 2015, Hainan High-Speed Rail Now Open
Dec 31, 2015 By eChinacities.com

China increased its investment in railways in 2015 despite the nation’s economic slowdown. 820 billion Yuan were invested in railways this year. Over 9,000 km of new lines were constructed, and 61 new projects were finished.

A new stretch of high-speed railway in Hainan opened on Wednesday. The railway links Haikou to Sanya. China’s now has 19,000 km of high-speed rail, and is the largest in the world. The national railway system covers over 120,000 km, and is the second largest in the world.

Source: thepaper.cn

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Keywords: China high-speed rail Hainan high-speed rail China rail

3 Comments

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hunny797

and still most of the time travelling domestically by plane is much cheaper and less time consuming than the trains..

Jan 04, 2016 12:25 Report Abuse

dandmcd

It's great they are investing more in the trains, but what will happen when the system gets too big, and too old, and maintenance costs begin to inflate? Nearly the entire train and subway system is unprofitable, but a big problem is most of it is new, and when it begins to age, the maintenance costs will be soaring, and we could begin to see major problems with some of the lines, stations begin to fall apart and cuts on sanitation workers to keep it clean. Will be interesting in 20 years to see how the expansions will perform and if they can get the costs down on maintenance and begin to make profit somewhere.

Jan 01, 2016 14:43 Report Abuse

RiriRiri

"Yes, okay", central planner replies with a smile in answer to your concern. Central planner has no idea what you're talking about but he knows he has GDP objectives to meet at all cost.

Jan 03, 2016 21:43 Report Abuse