|
BIZCHINA> Investment
![]() |
|
China to invest 120b yuan in second railway for Xinjiang
(Xinhua)
Updated: 2008-11-25 14:08 China will spend 120 billion yuan ($17.6 billion) to build a second railway traversing the northwestern Xinjiang Uygur Autonomous Region, according to information from a meeting of the Xinjiang committee of the Communist Party of China on Tuesday. Construction is expected to begin next year, with investment from the central and local governments and other sources. The passenger line will go through Gansu, Qinghai and Xinjiang. It will facilitate the transport of agricultural products and minerals, mainly coal, out of Xinjiang, by relieving congestion on the existing line. When the line is completed, the existing 1,892-km line from Lanzhou (Gansu's capital) to Xinjiang will be used for cargo only. The land resources department of Xinjiang announced last week a huge coalfield with a reserve of 23 billion tons was discovered in the region. The field, about 800 meters underground, covers more than 300 sq km in Shanshan County in the Turpan Basin. Xinjiang has 40.5 percent of China's coal reserves. With an annual production of 50 million tonnes, it is the country's second-largest coal producer after the northern province of Shanxi. (For more biz stories, please visit Industries)
|
主站蜘蛛池模板: 乐昌市| 西城区| 灵川县| 永平县| 凌云县| 怀仁县| 七台河市| 逊克县| 乳源| 台东县| 铜梁县| 罗定市| 盱眙县| 天全县| 瓦房店市| 沂南县| 林西县| 济阳县| 大同市| 西和县| 博兴县| 玉山县| 大余县| 金溪县| 登封市| 平遥县| 托里县| 镇安县| 宾阳县| 岳普湖县| 乌海市| 广德县| 合川市| 西盟| 汶川县| 娱乐| 罗平县| 凤山县| 施甸县| 襄樊市| 横峰县| 珠海市| 江津市| 宁波市| 定边县| 永定县| 麻江县| 镶黄旗| 东平县| 武冈市| 南宁市| 玛沁县| 阜康市| 合山市| 绵阳市| 澄江县| 翁源县| 阆中市| 蕲春县| 大安市| 昭苏县| 霍城县| 昌黎县| 武宣县| 阿勒泰市| 渝中区| 甘孜| 福清市| 正镶白旗| 普兰县| 东乌珠穆沁旗| 易门县| 吉安市| 博湖县| 平凉市| 芒康县| 泰和县| 湘西| 乌鲁木齐市| 巴青县| 福海县| 石柱|