Not So Micro Stimulus: NDRC Approves¥200 Billion In Rail Projects

According to the plan, by 2020 there will be eight pre-built intercity railway, which has the ring of Beijing International (Xianghe to Pinggu), the line from the new Gallery Zhuo intercity end Xianghe station leads, parallel outer ring by Beijing Xianghe, manufacturers Sanhe, Pinggu, Beijing, Chinatown and the occasion, Beijing-Shenyang passenger dedicated link. Prior to 2020, the central core area of ​​more than 50,000 population town, eastern coastal areas, southern Ribbon urban population of over 100,000 should cover intercity railway.

Not only is Beijing, Tianjin, the pace of the rest of the railway construction is also accelerating. Since September, the National Development and Reform Commission has approved the Cheng, railway (Zhengzhou, Chongqing Wanzhou), Yunnan Miller to Mengzi, Lincang Dali, Yuxi-Mohan, Zhangjiakou, Hebei, Shanxi Datong to high iron and other five railway projects, total investment of 212.4 billion yuan.

Accelerate infrastructure construction including railways, urban rail, road, etc., it has become an important weight present, China's steady economic growth. In general, investment in fixed assets have mainly three parts, namely, industrial investment, real estate investment, infrastructure investment. The current excess industrial investment and real estate are two areas have been more obvious.

Yicai: 稳增长重头戏:本月发改委批逾2000亿铁路项目

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