Four stages of development of high-speed rail

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shelly

03 Aug, 2015 03:03 AM

In1990 --2020 years, China's high-speed rail development and extension of the industry chain is divided into four stages: from 1990 to 2008, the first phase of the "four vertical and four horizontal" began constructing.

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In 2009 --2012 years is the second stage, with the transformation of intercity rail, subway and high-speed rail construction and existing mainline railways, investment boom of high-speed railway construction began to come, investment will more than 3 trillion yuan.

In 2012 --2015 years is the third stage mobile brick making machine, the demand for rail transportation equipment, spare parts and equipment and information technology will be a substantial release, the required investment will not less than 1 trillion yuan.

In 2015 - 2020 years is the fourth stage mobile brick making machine, China's high-speed rail technology will enter the world advanced level, when special technical services concrete batch mix plant, spare parts, engine and vehicle system supporting the exports will bring long-term sustainable development of high-speed rail industry.

Huge investment in high-speed rail industry chain will be basically completed in the "five" period, but the industry will be in a long-term sustainable development. This is not only from the replacement and repair service needs of rail transportation equipment; but also from the long-term opportunity for China to bring high-speed rail technology exports in the future.

At present, China's high-speed rail technology and equipment has reached the world's advanced level, and has significant cost advantages, the cost is about 20% lower than the average cost in developed countries.

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