China Financial Daily

July 30, 2009

Beijing-Shanghai high-speed railway construction work has not completed the development of the procedures have not yet entered the fare

Filed under: Financial News — Tags: — lily @ 10:43 am -0700

Beijing-Shanghai high-speed railway construction work has not completed the development of the procedures have not yet entered the fare
Yesterday, the Board was informed that from the iron 17, the Beijing-Shanghai high-speed rail Beijing paragraph will be completed by the end of November next year, laying the track, from the Beijing West Fourth Ring to Langfang will be 48.153 kilometers long to build a bridge in Beijing, including Beijing Bridge across highway part of China’s largest steel box railway bridge, 108 meters long.

Yesterday afternoon, in the bridge construction site, Beijing, China Railway 17 Bureau Deputy General Manager Liang Yi told reporters at the northern end of Beijing-Shanghai high-speed rail in a bid a total length of 224 kilometers, starting from the through the Beijing Fengtai District, Tai Hing zone, Langfang, Hebei, Tianjin and Cangzhou in Hebei, the bid in addition to a small number of things are a bridge embankment, a total of 23 bridges, will be completed by the end of this year’s civil works tenders, completed by the end of April next year girder work, next year 11 Track laying completed by the end of all tasks.

According to Liang, the Beijing-Shanghai high-speed rail will be highway across the region, where there will be 108 meters long railway’s largest domestic steel box arch bridge, using twist construction, etc., to minimize the impact on the highway, works will be completed by the end of this year. It is understood that a formal operation in 2012 the Beijing-Shanghai high-speed rail length of 1318 kilometers.

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Ministry of Railways will be denied that the Beijing-Shanghai high-speed rail investment in the control of the listing within the scope of

Filed under: Financial News — Tags: — lily @ 10:43 am -0700

Ministry of Railways will be denied that the Beijing-Shanghai high-speed rail investment in the control of the listing within the scope of
Sources said the Ministry of Railways, the Beijing-Shanghai high-speed rail is currently making good progress in the control of the investment framework. Across the board is expected to run through the end of next year, 51 in 2011 to be completed by laying into the system test phase, will be officially opened to traffic in 2012 operations.

Beijing-Shanghai high-speed rail is the first time since the founding of new China the largest construction project for a total investment of 220.94 billion yuan. Deputy Chief Engineer of Railways and the Secretary for Transport, said Zhang Shuguang, the Beijing-Shanghai high-speed rail investment and better-than-expected construction schedule is expected to run through the end of next year across the board, 51 in 2011 to be completed by laying into the system test phase, will be in 2012 traffic operations, invest in the control of dynamic range. Construction unit is responsible for front-line people have said that the investments generally do not exceed the expected, only the power to transfer and a slight over-expenditure on land acquisition costs.

The profitability of the Beijing-Shanghai, said Zhang Shuguang, very confident. He believes that although the high-speed railway earnings difficulties at an early stage, it is generally 3 years after the beginning of a profit. From France, Germany, Japan and other countries experience, the realization of profit is generally not a problem. “The Beijing-Shanghai high-speed rail connection at both ends of the Bohai Sea and the Yangtze River Delta economic region two, along the 10 million population are more than large cities, the entire north-south China’s economic development potential of the most active and most of the region, which is the basic guarantee. “

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Dongguan manufacturing base economy is expected to pick up the local GDP by 10%

Filed under: Financial News — Tags: — lily @ 10:40 am -0700

Dongguan manufacturing base economy is expected to pick up the local GDP by 10%
According to Reuters report, some officials and company executives said Wednesday, in China’s export manufacturing experience of the deserted one year after a number of factories in Dongguan has begun to recruit more workers and increase production, the manufacturing center in southern China has to reproduce signs of recovery.

LI Yu-mayor of Dongguan City, media said the entire field, the first half of 2009, exports of Dongguan straight down 24%. A total of 15,000 foreign-funded enterprises in Dongguan.

Over the past year and a half years, the demand by the Western market contraction, as well as manpower and production costs in the Pearl River Delta increased the impact of shutting down the factory, about 1200.

LI Yu-wide, said, however, the manufacturing industry in Dongguan has signs are warmer, and the improvement of China’s economy means that the Dongguan this year GDP growth is still expected to achieve the goal of 10 percent.

In addition, he said, although the employment situation in Dongguan, although less than last year, but in recent months there has been a noticeable change.

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