China economic planner approves 70 billion yuan worth of railway projects

China economic planner approves 70 billion yuan worth of railway projects :China’s top economic planner on Tuesday approved two railway projects with a total value of nearly 70 billion yuan ($11 billion), the latest move to hasten infrastructure projects to boost growth in the world’s second largest economy.

One involves a 51.6-billion-yuan plan to build a railway in southwestern Yunnan province, while another will see 18.1 billion yuan invested on a high-speed railway linking the northern provinces of Hebei and Shanxi, the National Development and Reform ..

china-economic-planner-approves-70-billion-yuan-worth-of-railway-projects

 

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