The National Development and Reform Commission (NDRC), China's top economic planner, on Tuesday approved three rail projects in Beijing, Tianjin and Shenzhen which involve a total investment of 464.77 billion yuan.
The three projects include the second-phase constructions of urban rail transportation in Beijing and Tianjin from 2015 to 2020 and the third-phase construction of urban rail transportation in Shenzhen from 2011 to 2020.
Under the plan, Beijing will invest 212.28 billion yuan in 12 projects from 2015 to 2020 with a combined length of 262.9 km. Beijing will have 27 subway lines with a total length of 998.5 km by 2020. Tianjin will spend 179.433 billion yuan in eight projects from 2015 to 2020, which involve a length of 228.1 km.
There will be 14 subway lines in the city by 2020 with a total length of 513 km. Shenzhen will spend 73.06 billion yuan through 2020 to lengthen its rails by 85.1 km. The city will have 11 subway lines by 2020 with a total length of 434.9 km.
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