简体中文
Policy
China opens railway investment to public
Last Updated: 2013-08-28 13:47 | cctv.com
 Save  Print   E-mail

Individuals and the private sector will be able to play an increasingly important role in China's railway construction. This multi-billion, previously State-run sector is now open to public investments. CCTV exclusively interviewed Mr Yang Chuantang, Minister of Transport, about the changes.

"This time's price adjustments, as well as investments and financing of railway constructions are all based on the demand for railway development. Now the National Development and Reform Commission, China Railway Corporation and the Ministry of Transport of China are all working together to raise funding. This is a government-led fund and it aims to assure confidence in public investments." Yang Chuantang said.

0
Share to 
Related Articles:
Most Popular
BACK TO TOP
Edition:
Chinese | BIG5 | Deutsch
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2024 China Economic Net. All right reserved