Latest News:  

English>>Business

Beijing-Guangzhou high-speed rail to add 30b yuan to GDP annually (2)

(People's Daily Online)

15:35, December 28, 2012

The railway links five major economic circles and zones, and includes the 28 cities along the way in an eight-hour economic circle. Industry insiders forecast that the 28 cities will witness annual additional GDP growth of 3 percent to 5 percent five years after the opening of the railway.

As one of the first Chinese cities to benefit from the "high-speed rail economy," Changsha, the capital city of Hunan province, has built the poor suburban areas surrounding its high-speed railway station into a populous main city district with a high economic level, and created tens of thousands of new jobs in just a few years after the opening of the Wuhan-Guangzhou High-Speed Railway.

The Wuhan-Guangzhou High-Speed Railway has transported about 90 million passengers over the past three years. Southern Hunan, whose major cities include Binzhou and Hengyang, has undertaken more than 3,000 industrial transfer projects since 2009, accounting for nearly 40 percent of the provincial total. Furthermore, the retail sales of consumer goods of the cities along the Hunan section of the Wuhan-Guangzhou High-Speed Railway have increased considerably on an annual basis, far exceeding the provincial average.

The opening of the Beijing-Guangzhou High-Speed Railway will enable the separation of passenger and freight flows on the Beijing-Guangzhou Railway, and greatly increase its cargo capacity, said Sun Shuli, chief engineer at the TSDI.

【1】 【2】



We recommend:

A Stable 2012, a Promising 2013

BJ-GZ highspeed rail eases travel rush tension

More Chinese cities see home price rise

Santa is coming and China takes a lot more notice

Tourists enjoy sunshine in Sanya

China to remain largest gold producer: association

Email|Print|Comments(Editor:梁军)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Navy's escort missions in Gulf of Aden

  2. "Guangzhou" destroyer is open to public

  3. Winter storm hits eastern U.S.

  4. Stay together forever

  5. Ice fishing event in NE China's Jilin

  6. Top 10 economic events in 2012

  7. Have fun! Look at these amusing photos

  8. Apple's biggest headlines, launches, and mess-Ups

Most Popular

Opinions

  1. Time to abandon obsession with theme parks
  2. No grand glory, but plenty to cheer about
  3. Optimism over China's economy surfaces
  4. Internet gaming: 'A winning gamble'
  5. People have right to know what chickens eat
  6. Catchwords in memory in 2012
  7. Why the young Chinese get physically weaker
  8. Why Discover China is popular in the West
  9. The laughter sounds too harsh
  10. Do not confuse Confucious with Santa Claus

What’s happening in China

China sends first oceangoing patrol vessel to South China Sea

  1. Old Chinese ID cards to expire
  2. Beijing to roll out tough food safety law
  3. 7 dead, 14 injured in SW China road crash
  4. China bans using historical sites for business
  5. Repair work underway for road collapse in N China