Faster buildup of urban rail networks, logistics
Print Edition
CHINA’S top economic planner announced an accelerated development of the country’s urban rail networks and logistics services yesterday.
China aims to have established “comprehensive” urban rail networks in first-tier cities of Shanghai, Beijing, Guangzhou and Shenzhen and “basic” ones in second-tier cities including Nanjing as well as Chongqing by 2020, said the National Development and Reform Commission.
The work will “improve traffic conditions in cities and establish an affordable, efficient, convenient, safe and reliable urban rail transit system,” NDRC spokesperson Li Pumin said at a press conference.
The work will also focus on building an international logistics channel to connect the domestic and overseas markets, integrating logistics services in the Beijing-Tianjin-Hebei region, and strengthening infrastructure for e-commerce.
It will “aim to build a well-planned, efficient, convenient and environmentally friendly modern logistics system supported by advanced technology,” Li said.
“Urban rail transit is key infrastructure that props up cities’ economic and social development, and logistics is a fundamental and strategic industry in bolstering national economic growth,” he added.
The NDRC also announced similar work in emerging industries and manufacturing, promising further details on these later.
China has invested over 3 trillion yuan (US$484 billion) in seven packages of infrastructure projects this year.
The government has pushed to boost investment to help steady economic growth.
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