Rail

China to spend $500B to expand rail system by 2020

Posted on January 4, 2017

Photo: Albert Herring
Photo: Albert Herring

BEIJING — China plans to spend $503 billion to expand its railway system by 2020 as it turns to investments in infrastructure to bolster growth and improve connectivity across the country, Bloomberg News reported.

The high-speed rail network will span more than 18,650 miles under the proposal, which is about 6.5 times the length of a road trip between New York and Los Angeles, and will cover 80% of major cities in China, the report said.

At the end of 2015, China had 75,000 miles of railway lines, including 19,000 kilometers of high-speed tracks, while the U.S. had 142,000 miles of rail lines as of 2014, Bloomberg News reported. For the full story, click here.

View comments or post a comment on this story. (2 Comments)

More News

FRA issues NOFO for $272M in State of Good Repair funds

Eligible projects include those that replace existing assets in-kind; replace existing assets with those that increase capacity...

Commuter rail makes significant, substantial PTC progress: APTA

Ninety-six percent of 16,722 wayside (on track equipment) installations have been completed.

Nonprofit repurposes Amtrak Acela seating into luxury bags

People for Urban Progress is known for repurposing dated infrastructure through design and fabrication projects.

Bombardier-Alstom to supply 153 additional Montréal railcars

Through this agreement, STM will benefit from the replacement of part of its fleet at a lower cost.

Metra adds more vehicles to replace aging fleet

The F59PHs were built by the Electro-Motive Division of General Motors Corp. in 1988.

See More News

Post a Comment

Post Comment

Comments (2)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation