Traffic Investment Targeting Midwest China

In the first half of this year, the economic growth rate in the central and western regions of China was still faster than that in the east, and the state directed more investment in transportation infrastructure in the central and western regions to help the economy grow steadily, and the people generally benefited.

According to the latest statistics from the China Railway Corporation, in the first half of this year, the national railway completed a fixed asset investment of 327.3 billion yuan, a year-on-year increase of 51%. Among them, the proportion of railways in the Midwest exceeds 80%. In the second half of the year, the Hangzhou-Changchun section of the Shanghai-Kunming high-speed railway will formally operate, while the Guangzhou-Nanjing high-speed rail section in Guangdong and Lanzhou to Urumqi, Guiyang to Guangzhou, Hefei to Fuzhou, and Lhasa to Shigatse will also be opened before the end of the year.

It is estimated that the country will add 7,100 kilometers of railways to the country this year, and the total investment in railway construction will be 800 billion yuan. In the first half of the year, in the five provinces where the GDP growth rate exceeded 10%, the western region accounted for four seats. Qinghai, Xinjiang, Chongqing, and Guizhou were the main battlefields for the construction of the western railway.

From the east to the west, from the coastal areas to the inland areas, and the major rivers and land roads as the leading lines, this year, China's regional development pattern is undergoing positive and significant changes. Relying on the “hot metal transport” approach, Ningbo Port extended its tentacles to the new Silk Road economic belt thousands of miles away. From Xi'an, Lanzhou, and Xinjiang, in the first half of the year, the traffic volume of “hot metal and water transport” in the northwest of Ningbo Port increased by nearly 70 times compared with the same period last year.