World Bank: The cost of building high-speed rail in China is about two-thirds that of other countries.

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 World Bank: The cost of building high-speed rail in China is about two-thirds that of other countries.


On the 8th, the World Bank released a research report entitled Development of Chinas High-Speed Railway. The report points out that long-term and comprehensive planning and design standardization are key elements for the success of high-speed rail in China. The report points out that Chinas high-speed rail development experience is worth learning from.

According to the report, Chinas Medium and Long Term Railway Network Planning provides a clear framework for the development of high-speed rail system. Meanwhile, with the standardization of design and procedure, the cost of high-speed rail construction in China is about two-thirds of that in other countries.

Compared with automobiles and airlines, Chinas high-speed rail has a competitive advantage within 1200 kilometres, with only one fourth of the basic fares of other countries, making it possible for high-speed rail to attract passengers from all income groups, according to the World Bank report.

The report issued by the State Statistical Bureau on July 1 this year, Great changes in the vicissitudes of life, seventy years of national rejuvenation and resplendence - one of the series reports on the achievements of economic and social development on the 70th anniversary of the founding of New China, pointed out that by the end of 2018, the operating mileage of Chinas railways had reached 131,000 kilometers, an increase of five times over that of the end of 1949, of which 29,000 kilometers Over 60% of the worlds total high-speed rail.

Source of this article: PengMei News Responsible Editor: Gu Yunting_NBJS8499