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Rails of Hope.

Authors :
YU SHUJUN
Source :
Beijing Review. 6/4/2009, Vol. 52 Issue 22, p2-2. 2/3p.
Publication Year :
2009

Abstract

The article discusses the role of the railway industry as a catalyst in China's economy. The Ministry of Railways data showed that investment in railway construction reached 15.1 billion U.S. dollars from January to April 2009. The railway investment growth is attributed to the Chinese government's 586 billion U.S. dollars stimulus package. It is estimated that the capital spending on railways in 2009 would boost the gross domestic product (GDP) growth by 1.5 percentage points.

Details

Language :
English
ISSN :
10009140
Volume :
52
Issue :
22
Database :
Academic Search Index
Journal :
Beijing Review
Publication Type :
Periodical
Accession number :
65417595