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CHINA HAS MORE HIGH-SPEED RAILWAY THAN THE REST OF THE WORLD COMBINED

Within the span of a couple of decades, China has constructed 20,000km of high-speed railway, and plans to have constructed another 15,000km within the following decade. However, questions have been raised about the distribution strategy of the railways.

It appears that railways built around current financial hubs have been unquestionably good for the economy. Data suggests that over half of people using high-speed trains to access cities like Shanghai, Guangzhou and Beijing from nearby, less costly cities would not have made the commute using normal trains, suggesting that they have been highly mobilising for China’s workforce and a creator of opportunity. It has become newly feasible for millions of people to get jobs in these economic megacenters.

However, concerns have been raised regarding the efficacy of constructing high-speed rail in the more remote parts of China. It is hoped by advocates that construction will result in the emergence of towns around the railway lines, creating new economic hubs.

The gLAWcal Team

LIBEAC project

Wednesday, January 11 2017

(Source: The Economist)