The world's longest high-speed rail line opened in China
China will be the world's longest high-speed rail line to open next week, when a connection between Beijing and the southern city Guangzhou inaugurated, officials said Saturday, stressing its commitment to a troubled transport system.
The 2298-km (1428 miles) line, parts of which are already in use, will begin full service on Wednesday, halving travel time to less than 10 hours on the train that will run at 300 km (186 mph).
A July 2011 crash of a high-speed 40 people were killed and raised doubts about the safety of the fast-growing network and threatened plans to export high-speed technology.
"We have a full range of effective measures to guarantee the safety management developed," Zhou Li, head of the Ministry of Science and Technology Department, told reporters on a trial run from Beijing to the central city of Zhengzhou.
"We can monitor security," he added.
Last year accident near the booming eastern coastal city of Wenzhou happened when a high speed train rammed into another stranded on the track after being struck by lightning.
The new route allows for the Chinese Ministry of Railways, which has been dogged by scandals and failures, to redeem themselves.
But it may reflect cuts that have already taken place by the Ministry of Railways has its planned investment budget three times this year as part of government efforts to a slowing economy.
The Ministry plans to total 630 billion yuan to bring in 2012 and got permission to more sell bonds to finance investment - one of the few obvious spending obligations for the state in a wide range of project approvals value of 157 billion, which do not specify how they are funded.
The approvals include 25 railway investment, state media said.
Despite the expansion of the network, the Ministry of Railways is struggling to make money. It has suffered a loss after tax of 8.8 billion yuan in the first half of 2012 in light of rising operating costs and growing debt.
"High-speed rail is needed for national development for the people and for the regional communications. Many countries have stimulated their economies by developing high-speed trains," Zhou said.
China said in May that it would open up the rail market industry to private investment on an unprecedented scale, but private investors are skeptical.
The need for funding is acute. China still needs billions more in railway investments to bottlenecks in freight to remove, to relieve overcrowded passenger and commuter lines in his sprawling megacities develop.
China will be the world's longest high-speed rail line to open next week, when a connection between Beijing and the southern city Guangzhou inaugurated, officials said Saturday, stressing its commitment to a troubled transport system.
The 2298-km (1428 miles) line, parts of which are already in use, will begin full service on Wednesday, halving travel time to less than 10 hours on the train that will run at 300 km (186 mph).
A July 2011 crash of a high-speed 40 people were killed and raised doubts about the safety of the fast-growing network and threatened plans to export high-speed technology.
"We have a full range of effective measures to guarantee the safety management developed," Zhou Li, head of the Ministry of Science and Technology Department, told reporters on a trial run from Beijing to the central city of Zhengzhou.
"We can monitor security," he added.
Last year accident near the booming eastern coastal city of Wenzhou happened when a high speed train rammed into another stranded on the track after being struck by lightning.
The new route allows for the Chinese Ministry of Railways, which has been dogged by scandals and failures, to redeem themselves.
But it may reflect cuts that have already taken place by the Ministry of Railways has its planned investment budget three times this year as part of government efforts to a slowing economy.
The Ministry plans to total 630 billion yuan to bring in 2012 and got permission to more sell bonds to finance investment - one of the few obvious spending obligations for the state in a wide range of project approvals value of 157 billion, which do not specify how they are funded.
The approvals include 25 railway investment, state media said.
Despite the expansion of the network, the Ministry of Railways is struggling to make money. It has suffered a loss after tax of 8.8 billion yuan in the first half of 2012 in light of rising operating costs and growing debt.
"High-speed rail is needed for national development for the people and for the regional communications. Many countries have stimulated their economies by developing high-speed trains," Zhou said.
China said in May that it would open up the rail market industry to private investment on an unprecedented scale, but private investors are skeptical.
The need for funding is acute. China still needs billions more in railway investments to bottlenecks in freight to remove, to relieve overcrowded passenger and commuter lines in his sprawling megacities develop.
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