According to Railway Corporation, in 2014, the scale of newly-built railway lines hit a record high. Nationwide, the total length of the rail network in operation exceeds 112,000 kilometers and that of of high speed rail exceeds 16,000 kilometers. Both rank first in the world. The length of railways in operation in central and western China has reached 70,000 kilometers, accounting for 62.3 percent of the national total.
In 2014, China Railway Corp invested a total of 808.8 billion yuan (USD 131.7 billion) in fixed assets, which ranks second only to the year 2010. “The scale of railway construction will maintain a high level both in the short and in the longer term,” Sheng Guangzu, general manager of China Railway Corp said.
According to Sheng Guangzu, at the beginning of 2014, China Railway Corp set three goals 800 billion yuan invested in fixed assets, 7,000 kilometers of new railway track, and 64 new projects.
Source: People’s Daily Online Photo: wiki.china.org.cn
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