Arthur T Knackerbracket has found the following story:
The plan will span nine projects that total 1,100 km (683 miles) in length, the country's powerful economic planner, the National Development and Reform Commission, said in an online statement on Monday. The projects will be built over the years to 2020, and are part of a wider plan that will stretch to 2030, it added.
The current population of the three areas is estimated at around 110 million, and by the time the plan is complete, the so-called Jing-Jin-Ji project will span 212,000 sq km (82,000 sq miles), or more than twice the size of South Korea.
The expanding railway networks have cut commute time in the region significantly, said Steven McCord, research head at real estate service firm Jones Lang LaSalle (JLL). "It was not possible to go all the way from Beijing to Binghai and that's a one-hour trip now. It's now also possible to go between Tianjin and Tangshan in less than 30 minutes, which was previously several hours' drive," he said.
"I think there are few places in the world that have that kind of integration. It has made it much easier to do business."The news helped push up shares of firms that stand to benefit from the plan.
-- submitted from IRC
(Score: 4, Informative) by Anonymous Coward on Sunday December 04 2016, @08:49PM
Perhaps the article should note that 京 (jing) is Beijing, 津 (jin) is Tianjin and 冀 (ji) is Hebei Province.
(Score: 3, Interesting) by Anonymous Coward on Monday December 05 2016, @02:57AM
(Score: 0) by Anonymous Coward on Sunday December 04 2016, @11:57PM
I wonder how much property was taken by eminent domain to create the right of way for these new rail lines? Or maybe they don't even bother with legalities and just hire local bullies (village government) to clear out the riff-raff that happen to live in the way.
Makes things great for business, doesn't it? Just wait until your house is in the way of a Trump project.
(Score: 2) by edinlinux on Monday December 05 2016, @12:39AM
The USA is trapped in a decaying form of the 1950s...
Go to Japan, Korea (or China in a few years), they are like 80 years ahead of America infrastructure-wise..
(Score: 3, Interesting) by driverless on Monday December 05 2016, @03:51AM
That's one thing I've got to say about China, while I probably wouldn't want to live under that form of government, they really do Get Shit Done. In my home city they're just now constructing the desperately-needed rail infrastructure that was first planned in the 1950s. They've spent the last sixty years arguing about it, and preparing report after report, which has probably cost a significant fraction of what it would have cost to just build the damn thing in the first place. Not to mention the cost of sixty years of ever-increasing gridlock and pollution on the mobile parking lots leading in and out of the city. And in the 1950s you wouldn't have needed to move small portions of the city to get it built.
(Score: 0) by Anonymous Coward on Monday December 05 2016, @08:42AM
If you are talking about Canberra then this is a load of horse manure. Increasing the already high price of bus tickets to pay for a 20b to 40b dollar tram many people really don't want or don't want to pay for is not the solution. Neither is taxing property owners within 1 km either side of tram stops "because their property is worth more now".
(Score: 2) by driverless on Monday December 05 2016, @08:46AM
I'm not talking about Canberra.
(Score: 0) by Anonymous Coward on Monday December 05 2016, @06:10AM
Well shit. It's probably a lot easier to get infrastructure projects done under a one party totalitarian rule.
(Score: 1) by baldrick on Monday December 05 2016, @08:39AM
which is why the markets are excited about the new president elect
... I obey the Laws of Physics
(Score: 0) by Anonymous Coward on Monday December 05 2016, @05:13PM
numbers:
1'100 km / 1'100'000 m length of railroad
3'600'000'000 $ total cost
110'000'000 people serviced
=
3'272 $ cost per meter of rail-track
32 $ cost per person serviced
0.01 m length of track owned by each person serviced