China Invests Heavily in HighwaysChina has made fast progress in highway construction this year, especially in the vast western areas, according to the Ministry of Communications.A sum of 172.6 billion yuan (US$20.9 billion) was invested in highway projects in China in the first ten months this year, the ministry said. A total investment of 220 billion yuan (some US$26.6 billion) is expected to be made in high construction for the whole of this year. Highway investment in the vast western areas in January-October increased by 17 percent on an annual basis, faster than that in the central and eastern areas, which increased by 14 and four percent respectively. According to statistics, China is expected to add nearly 50,000 kilometers of new highways this year, including 4,561 kilometers of expressways. By the end of this year, the total length of highways in China is estimated to reach 1.4 million kilometers, including 16,000 kilometers of expressways, the ministry said. |
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