14-Jun-2011 3:04 PM
High-speed rail prices set for Beijing-Shanghai link
Analysis
China has set the pricing structure for the new high-speed rail link between Beijing and Shanghai, with prices ranging from CNY410 (USD63.1) to CNY1750 (USD269.2) for a one-way ticket, posing a major challenge for airports and airlines on the lucrative sector. The Beijing-Shanghai rail link is expected to transport 180,000 passengers per day initially and has capacity to carry 80 million passengers p/a.
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