xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Macro-economy

China's economic planner OKs urban rail projects in SW city

August 22, 2019


Abstract : China's top economic planner Wednesday approved a plan to expand urban rail in Chengdu, capital of southwest China's Sichuan Province, involving about 177 km of new urban rail.

BEIJING, Aug. 21 (Xinhua) -- China's top economic planner Wednesday approved a plan to expand urban rail in Chengdu, capital of southwest China's Sichuan Province, involving about 177 km of new urban rail.

Chengdu will have 692 km of urban rail after the completion of eight projects by 2024, according to the National Development and Reform Commission (NDRC).

The total investment will be 131.83 billion yuan (18.66 billion U.S. dollars) for the projects, according to the NDRC.

About 40 percent of the investment, or 52.73 billion yuan, will come from the municipal and district governments, while other capital will be financed by bank loans, it said.

Scan the QR code and push it to your mobile phone

Keyword: rail project

Reading:

Portuguese enterprises to launch "Business Rail" in China

Manzhouli Sino-Russian border trade averages RMB400,000 daily in Jan.-July

Online Silk Road Conference 2019 to be held in China's Yinchuan in Sept. 5-6

FAW-Volkswagen opens new proving ground in northeast China

Chinese company signs hydropower project contract in Papua New Guinea

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial