Chinese government approved the construction of 25 new railway projects in eighteen cities in the amount of 800 billion yuan (127 billion U.S. dollars). Thus, the country is going to invest money in the development of its infrastructure in order to overcome the economic crisis.
In 18 cities across China projects have been approved by the Government. These include two new subway lines in Shanghai. In addition, urban high-speed railways, as well as underground, built in provincial towns, such as Lanzhou, Xiamen and Taiyuan.
The Chinese government is oriented to a sharp increase in the length of railway lines, both ground and underground. It is planned that the length of the branches in 2020 will be the metro is 4 times and will be 7000km.
State seeks to depreciation of the economic crisis due to the development of its own infrastructure. In the last quarter of the country's economic growth slowed to 7.6%, and the total for the year is expected that GDP will rise to 7.5%. Last year, China's growth of 9.3%.
Note that while the government is not offered large-scale programs to stimulate the economy, as it did in 2008. Then the government invested in the economy about $ 4 trillion. RMB. This is also mainly directed to the development of infrastructure.