Breaking News, World News and Taiwan News.

China eyes US$104 bil. rail spending in 2013 to beef up economy: media

AFP
January 18, 2013, 2:17 pm TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

BEIJING -- China will sharply increase planned railway investment in 2013 to more than US$100 billion, state media cited the railways minister as saying Thursday, as part of plans to boost the economy.

The Ministry of Railways will spend 650 billion yuan (US$104 billion) this year, the Xinhua news agency said, citing minister Sheng Guangzu as saying at an annual national work conference.

That marks a 30-percent increase from the planned investment of 500 billion yuan for 2012.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	China media jump on apology by former Japan PM on wartime memorial site visit

NEXT ARTICLE
Mainland official fired after jilted lover's lengthy account of affair

1 Comment

January 20, 2013 bwmmiller@

Thorium LFTR styled reactors and electric bullet trains in China! America will fall far behind paying the Usury on its oil imports for its oil intensive jet transportation. Unfortunately powerful lobbyists in U.S. force these economic conditions, dictate the American reality from their board rooms, even over ruling government for the sake of the richest few at the top.
Canada needs a Chinese electric bullet train from the Cold lake Alberta Tar Sands to the cities in the south. Current highways are inadequate. Very high maintenance and damned hard work to drive in Canada's winter conditions. Canada now counts Asia and primarily China as its largest trading partner, and watches Chinese electric train technology very closely.
4104 Billion will provide for technological advances for the good of all mankind. Thank You for doing this.

Sponsors
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	"Dress First is the leading supplier of all kinds of dresses. You can buy your favorite suknie ślubne here."
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.