China state planner approves US $ 2bn urban rail project

8 January 2016 06:30 pm Views - 1196

REUTERS: China’s top economic planner yesterday approved a 13.2 billion yuan (US $ 2 billion) urban rail project in Shijiazhuang, the largest city of northern Hebei province, as the government looks to boost flagging economic activity. The project, involves three rail links with a total length of 80.4 kilometre (49.96 miles), is expected to finish in 2021, the National Development and Reform Commission (NDRC) said on its website.