China To Spend 3.5 Trillion Yuan (~$503 Billion) By 2020 On High-Speed Rail Network Expansion
China is planning to spend 3.5 trillion yuan (~$503 billion) by 2020 on an expansion of its railway system that will see the country’s high-speed rail network grow to 30,000 kilometers (18,650 miles), according to recent reports that follow a State Council Information Office briefing in Beijing.