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HighSpeedRailNetworkDevelopsonFastTrackinChina
China, anationlongdefinedbythevastnessofitsgeography, isgettingmuchsmaller. Withtheconstructionofthehighspeedrailwaynetwork, passengerswillbeabletotravelbetweenmostofthecountry'sprovincialcapitalsineighthoursorlessby 2012.
WuJiahasmore.
Reporter:
Chinacurrentlyhasabout 6,600 kilometersofoperationalhigh-speedrail, thelongestintheworld.
Attheendoflastyear, Chinaunveiledtheworld'sfastestlong-distancepassengertrainservicelinkingGuangzhouandWuhan, adistancecoveringalmosthalfwayacrossthecountry, slashingthetraveltimefromtentothreehours. TherailbetweencentralChina'sXi'anandZhengzhoualsobeganoperationearlierthisyear, cuttingtraveltimeby 4 hours.
ViceRailwaysMinisterWangZhiguosaystheoperationofthenetworkhasprovedtobeworkingsmoothly.
"Thequalityofalltheequipmentisreliable. Thesafetyoftransportationhasalsobeenensured, withgoodsafetyrecords. What'smore, thenetworkiswelcomedbypassengers, withhighmarketdemands."
WangZhiguosaysthatoverthenextthreeyears, Chinawillexpanditsrailwaynetworkby 20,000 kilometers, including 13,000 kilometersoftrackdesignedforhigh-speedtrainscapableoftravelingupto 350 kilometersperhour.
TheofficialnotesthegovernmentwillputanemphasisonconstructioninwesternChinatohelpthevastunderdevelopedregionbecomelessremote.
"ThemainroutesofthenetworkwilldirectlylinkwesternChinatothecoastalareas. Wearealsoconsideringbuildingregionalandinter-regionalrailwaystocomplementthemainroutes, suchasrailwayslinkingGuiyangandGuangzhou, aswellasNanningandGuangzhou."
Thefastdevelopmentofthehighspeedrailwaynetworkhasraisedsomeconcernsoverpotentialdebtcrisisforfundingthemassiveprojects.
YuBangli, chiefeconomistattheMinistryofRailways, rulesoutanypossibilityofdebtcrisis.
"Alltheprojectshavegonethroughcomprehensiveanalysisonthedensityofpopulationalongtheroutes, localeconomicandurbandevelopmentsoastoensureitiseconomicallyviablefortheconstructionofhighspeedrailways."
YuBanglinotesthatgenerallyspeaking, thecurrentdebtlevelofChineserailwaysismoderateandmanageable. In 2009, itsassetliabilityratiowas 52%, farlowerthanthoseofitsinternationalcounterparts.
Headdsthatthehugepopulation, fastpaceofurbanizationandstableeconomicgrowthwillallcontributetothesustaineddevelopmentofthehighspeedrailwaynetworkinChina.
WuJia, CRInews.