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High-speed rail network to expand

The country's high-speed rail network will reach 38,000 km by 2025, higher than the 25,000 km registered by the end of 2017. The country's operating high-speed rail tracks accounted for 66.3 percent of the world's total by the end of 2017, said Lu Dongfu, general manager of China Railway Corporation. Its fixed asset investment on railways in 2018 will be 732 billion yuan ($112 billion), lower than the annual average during the 2013-2017 period, according to Lu. The operator is aiming to build 4,000 km of new rail lines this year, 3,500 km of which will be high-speed rail tracks. China's railway network will hit 175,000 km in length by 2025, compared with 127,000 km of operating tracks by the end of last year.