NDRC's plan to further high speed rail network in China

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The National Development and Reform Commission (NDRC) has unveiled new plans to intensify railroad transportation construction, particularly in Western China. China owns now the largest high-speed rail network in the world. This network is widely used by citizens especially these days, for New Year holidays. But one can question the financing of such infrastructures. It has been noted that very few high speed rail lines in the world have proved to be profitable. The popular Beijing-Shanghai ...

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