As part of its strategic goal of building a nationwide high-speed rail network, Beijing plans to invest about 800 billion yuan (US$114.36 billion) on the expansion of the country’s railways in 2020.
According to China’s Ministry of Transport (MOT), 1.8 trillion yuan might be spent on roads and waterways, and about 90 billion yuan on civil aviation.
Continue reading https://on.rt.com/a84r