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China's high-speed rail links to double by 2012 with investment of USD120bn

30-Jul-2010 9:37 AM

China's Ministry of Railways stated China will invest CNY800 billlion (USD120 billion) as part of plans to double its high-speed rail network by 2012 (China Daily, 29-Jul-2010). More than 6,000km of new high-speed tracks will be laid across the country, for a total network of 13,000km by 2012. There is 6,920km of high-speed rail lines in the country. The Ministry's Chief Engineer, He Huawu, stated China will set a new record by operating trains at 380kph on the Beijing-Shanghai link, scheduled for completion prior to 2012.