BIZCHINA> Impacts
Foreign investors want to benefit from China's railway
(chinanews.cn)
Updated: 2007-04-23 17:02

Statistics show that last year, Chinese railway departments put 160 billion yuan into railway construction and 100 billion yuan was collected through other financing channels. This year, China plans to put 256 billion yuan into railway construction and there will be 200 billion yuan of capital shortage.

This year, Chinese railway departments intend to undertake railway construction with foreign funds. More railways will be built with foreign funds and finance from society. The government intends to diversify investment sources for railway construction.

Railway departments are making efforts to introduce more strategic investors and change some transportation companies into stock companirailway construction with foreign funds. More railways will be built with foreign funds and finance from society.

The government intends to diversify investment sources for railway construction. Railway departments are making efforts to introduce more strategic investors and change some transportation companies into stock companies.

In addition, the government will issue more railway treasury bonds, and improve the financing scheme for social investment so that it can gather more funds from society.


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