Constructing a Better Economic Engine
Posted by Raymond George on Wed, Nov 12, 2008 @ 02:11 PM
With its economic success, China has increased constructions nationwide, promoting its infrastructure to the next level – completing the Qingzang Railway that’s connecting China Proper with Tibet, building Hangzhou Bay Bridge that connects the two busiest ports (Shanghai and Ningbo) are just a number of examples. China had also invested 350 billion Yuan (43 billion USD at the time it was invested) in 2003 in highway construction; by the end of 2004, the total length of highways open to traffic reached 1.871 million km, including 34,300 km of expressways up to advanced modern transportation standard, ranking second in the world. These highways will stretch further into inland China than just its coastal regions, improving its connections with its less developed regions, creating more economic opportunities.