Chinese Railway
To counter the rapidly slowing growth of the vast nation, China is back to its policy playbook that worked well in the past for the growth in GDP which is " Spending Money On Large Infrastructure Projects".
No doubt the China has a vast rail network and is more or less considered above air travel. So apparently spending more money will definitely be seen under rail network.Since start of 2018 The National Development and Reform Commission (NRDC), China's top economic planner decided to approve around 10-15 projects and were worth around 1.1 Trillion yuan. As I said the more money will be seen going in rail network development and transformation.
Here are some of the infrastructure projects which are having costings above 50 billion yuan.
Shanghai Urban Rail Transit Expansion:
$44.23 billion
The network is aimed at creating better connections between the financial hub's teo airports and two major railway stations.Intercity railway along the Yangtze River in Jiangsu province
$34.35 billion
Some of the lines will also connect Nanjing Municipaltities in the neighbouring Anhui Province.
Construcion of the intercity lines are estimated to run until 2025.
Wuhan Urban Rail Transit
$21.78 billion
Four metro line plus four urban express lines will be constructed in the central Chinese city of Wuhan. NRDC said that this will elp in reduction in the Wuhan city traffic congestion.
Intercity Rail Network in Eastern Guangdong
$14.86 billion
Will connect many cities and will stretch 320 km and the extension line of 140 km will start soon according to NRDC.
Suzhou Urban Rail Transit
$10.55 billion
Seven urban rail transit lines, including the extension of three existing lines and four new lines are due to be constructed in Changchun from 2019-2024.
Trains in this route will reduce a 2.5 hours journey to just 50 minutes.
Xi'an-Yan'an High Speed Rail
$8.8 billion
This line aims at better connectivity to other cities and a planned new station that is a patt of the infrastructure upgrade for the 2022 Asian Games which will be help in the city.
Chongqing Qianjiang High Speed Rail
$7.93 billion
This has the China's first rail tunnel under the Yangtze River which will connect Chongquing Qianjiang section covering 265 km and will allow speeds upto 350 km/h.
Guangxi Intercity Railway Network
$7.67 billion
This will put into two intercity railways in the above province with one from the ca[ital and other from the Nanning. The track will be completed by 2023 and will connect regional towns with a total population of 500000.
This all about just trains, but they have plans of the "NEW SILK ROAD" which will help develop its allies power and easy transport. India, Myanmar, Malaysia, and other nation have opposed this plan due to large debts.
China has also started growing its navy power by building islands artificially and making it difficult for the ships to pass and thus can claim the sea region.
Yes we can say many things are going on and everything on one page not possible....
If any mistake present please let me know and I'm sorry for that, see you in the next blog, Peace.
This all about just trains, but they have plans of the "NEW SILK ROAD" which will help develop its allies power and easy transport. India, Myanmar, Malaysia, and other nation have opposed this plan due to large debts.
China has also started growing its navy power by building islands artificially and making it difficult for the ships to pass and thus can claim the sea region.
Yes we can say many things are going on and everything on one page not possible....
If any mistake present please let me know and I'm sorry for that, see you in the next blog, Peace.
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