Beijing to invest 90 billion yuan to subway network expansion
Source: CCTV.com | 11-18-2008 09:18
Beijing is to invest 90 billion yuan over the next two years to expand its subway network.
|Beijing is to invest 90 billion yuan over the next two years |
to expand its subway network.
In the first quarter of 2009, construction will begin on six new lines, in addition to the seven lines currently under construction. Each year, the city will complete 50 kilometers of new track and a new line will start operation. By 2015, the subway network will take up half of the public transport capacity.
Officials say the construction plan will propel consumption, and realize the potential purchasing power of residents living in towns and districts further from the center of the city.