China’s high-speed railway network has hit a new milestone, extending to an impressive 47,000 kilometers, according to the latest data from the National Railway Administration.
The vast network now accounts for nearly 30% of the country’s total railway length, which stands at approximately 162,000 kilometers. Experts believe this expansion is set to accelerate the movement of people and goods, boost tourism, and stimulate economic growth through the high-speed rail industry chain.
“The high-speed railway has compressed time and space, enabling faster flows of people, goods, information, and capital,” said Lu Wei, a researcher at the Chinese Academy of Macroeconomic Research. “The convenience and accessibility have reduced travel times, sparking greater public interest in travel and driving tourism consumption.”
Lu highlighted that for every 100 million yuan ($13.7 million) invested in high-speed railway projects, approximately 300 million yuan is generated in related industries like metallurgy, construction, and manufacturing, creating over 2,200 jobs. As an example, a single Fuxing high-speed train comprises over 40,000 components and involves more than 600 first-tier suppliers and 1,500 second-tier suppliers, creating a fivefold industrial ripple effect.
The growing network is also enhancing regional economic connectivity. “Economic activities often emerge and cluster along transportation routes,” Lu explained. “China’s extensive high-speed railway network significantly increases passenger, freight, and information flows along its lines.”
As the network continues to develop, regional transportation systems are becoming more efficient, and cooperation within regional economic zones is strengthening. This has amplified the agglomeration effect of industries, paving the way for new regional growth hubs.
The Central Economic Work Conference held in December emphasized boosting domestic demand as a top priority, which includes enhancing service consumption, developing cultural and tourism industries, and creating innovative consumption scenarios. The expansion of the high-speed railway network aligns with these goals, promising a bright future for China’s economy and its people.
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China's high-speed railway network expands to 47,000 kilometers
cgtn.com
