September 11, 2019 / 8:16 AM / 12 days ago

FACTBOX-China fast-tracks railway, highway projects to spur growth

 (Updates with new high-speed railway project approval)
    BEIJING, Sept 11 (Reuters) - China has approved or revived railway and highway
projects since the second half of 2018, as Beijing accelerated infrastructure
spending to spur growth in the world's second-biggest economy. 
    The country's economic growth slowed to 6.2% in the second quarter, its weakest
pace in at least 27 years, as demand at home and abroad faltered in the face of
mounting U.S. trade pressure.
    China aims to nearly double its urban railway scale by 2020, and its vast
high-speed railway network will span 30,000 km by then, up from 19,000 km, according
to China's state council.
    Below is a list of railway and highway projects China has approved or planned to
accelerate.  
 DATE          LOCATION     PROJECT          DETAILS
 ANNOUNCED                                   
   9-Aug-2018  Hubei        Railway          The central province plans to launch
                                             three to four railway links every year
                                             in the next three years.
       10-Aug  Guizhou      High-speed       The southwestern province plans a
                            railway          high-speed railway to link all of its
                                             cities with its capital of Guiyang.
       11-Aug  Tibet        Railway          Tibet's accelerated railway plans
                                             include the Sichuan-Tibet project in
                                             the next five years. The 1,700 km line
                                             connecting Lhasa and Chengdu will
                                             traverse mountains and gorges, and cost
                                             about 250 billion yuan.
       14-Aug  Suzhou       Urban railway    The eastern city plans four new subway
                                             lines by 2023. The 137-km project will
                                             cost 95 billion yuan.
       28-Aug  Shenzhen     Urban railway    The southern city will have 33 subway
                                             lines operating on 1,335 km of track by
                                             2035. That is nearly five times the
                                             scale of Shenzhen's subway lines.
       17-Oct  Shanghai/Su  High-speed       The 36.8 billion yuan railway project
               zhou/Huzhou  railway          will start in Shanghai and run through
                                             Suzhou city in Jiangsu province to
                                             Huzhou city in Zhejiang province.
       30-Oct  Chongqing    High-speed       The 53.5 billion yuan, 265-km railway
                            railway          project will be built in Chongqing
                                             city, part of a network to connect
                                             Chongqing with the southern city of
                                             Xiamen.
        9-Dec  Henan        Highway          The central province of Henan plans to
                                             spend 108.6 billion yuan on 14 highway
                                             projects next year that will cover an
                                             estimated 1002 km.
       19-Dec  Hangzhou     Urban railway    The eastern city of Hangzhou received a
                                             greenlight to spend another 14 billion
                                             yuan on two existing urban railway
                                             projects, raising the total investment
                                             to 53.54 billion yuan. The city also
                                             plans a new airport express line.
       19-Dec  Shanghai     Urban railway    Shanghai will build six more subway
                                             lines and three inter-city railways for
                                             a total investment of 298.35 billion
                                             yuan. The city's transportation network
                                             will span 1154 km in five years.
       21-Dec  Guangxi      Inter-city       The southern region of Guangxi received
                            railway          a greenlight to build two inter-city
                                             railway lines worth 51.7 billion yuan,
                                             spanning 325 km when completed.
       25-Dec  Shaanxi      High-speed       The National Development and Reform
                            railway          Commission approved a 55.16 billion
                                             yuan high-speed railway project linking
                                             Shaanxi's provincial capital Xian with
                                             Yanan, a region of about 2 million
                                             north of the city. The project is
                                             expected to be completed in 4.5 years.
       28-Dec  Changchun    Urban railway    The state planner approved 71.14
                                             billion yuan for 116 km of urban
                                             railway projects in the northeastern
                                             city.
   2-Jan-2019  Jiangsu      Inter-city       The state planner approved a new
                            railway          inter-city railway network worth 218
                                             billion yuan in the eastern province of
                                             Jiangsu. The railway tracks will span
                                             980 km when completed in 2025.
        4-Jan  Wuhan        Urban railway    The state planner approved 146.9
                                             billion yuan of urban railway projects
                                             in the central city of Wuhan with a
                                             total length of 198.4 km.
     25-April  Zhengzhou    Urban railway    The state planner approved urban
                                             railway projects worth a total of
                                             113.89 billion yuan in Zhengzhou city,
                                             the capital of central Henan province.
                                             The projects that include six new
                                             subway lines are expected to span
                                             326.54 km when completed by 2024.
       2-July  Xian         Urban railway    The National Development and Reform
                                             Commission approved seven urban railway
                                             projects worth a total of 96.85 billion
                                             yuan in Xian, the capital of
                                             northwestern Shaanxi province. 
      22-July  From         High-speed       The National Development and Reform
               Zhengzhou    railway          Commission approved a 40.93 billion
               to Jinan                      yuan high-speed railway project linking
                                              Zhengzhou, the capital of Henan
                                             province, with Jinan, the capital of
                                             neighbouring Shandong province. The
                                             project is expected to be completed in
                                             4 years.
      22-July  From Heze    High-speed       The National Development and Reform
               to Lankao    railway          Commission approved a 10.95 billion
                                             yuan high-speed railway project linking
                                              Lankao, a county in Henan province,
                                             with Heze, a city in Shandong. The
                                             project is expected to be completed in
                                             3.5 years.
  11-Sept      From         High-speed       The National Development and Reform
               Chongqing    railway          Commission approved a 141.62 billion
               to Kunming                    yuan ($19.90 billion dollars)
                                             high-speed railway project linking the 
                                             southwestern municipality of Chongqing
                                             and Kunming, the capital of Yunnan
                                             province.
 
 

 (Reporting by Beijing Monitoring Desk; Editing by Darren Schuettler and Alex
Richardson)
  
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