| | |

Archive search


Fulltext search
Advanced filter

EFFECTS OF HIGH-SPEED RAIL CONSTRUCTION ON THE EVOLUTION OF INDUSTRIAL AGGLOMERATION: EVIDENCE FROM THREE GREAT BAY AREAS IN CHINA

Lei Fang, Xuewei Zhang, Zihua Feng, Ce Cao

The economy of China has been maintaining a middle and high growth rates in the past 40 years since reform and opening-up. Railway is an important infrastructure and a major factor of economic development. It is also a witness and beneficiary of reform and opening-up. Railway in China has undergone transformation and development. Given the continuous expansion of traffic network and innovative reform of technologies, high-speed rail construction has achieved outstanding progresses. During the “12th Five-Year Plan,” the total investment of China to high-speed rail system has exceeded 1,800 billion RMB. Moreover, 3,500 billion RMB of investment is expected under railway plan in the “13th Five-Year Plan.” Currently, China owns a high-speed rail network with the longest operation miles, the highest transportation density, and the most complicated network operation scenario in the world (Karolys et al., 2019).
more

?
NAPOVEDA
reguired
Language