The country’s top economic planner has approved the construction of six railways stretching more than 1,000 km and likely to cost about 250bn yuan (£26bn).
The projects include four high-speed lines in the eastern provinces of Shandong and Jiangsu, and in the north-eastern province of Liaoning and two urban rail transits in the south-western cities of Chengdu and Nanning.
The announcement came from the National Development & Reform Commission (NDRC) which made a further announcement yesterday, saying that the government will promote public-private partnerships to attract private capital into infrastructure construction and public enterprises. Â
The NDRC said earlier this year that it would increase management of investment in 2015 and give investment a key role in stabilising economic growth.
In 2014, the NDRC approved projects worth 34 billion yuan for transportation infrastructure including railways, roads, airports and waterways.
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