Business Chief APAC+ANZ Magazine July 2017 | Page 29

CHINESE INFRASTRUCTURE PROJECTS

02 . Beijing Shanghai High Speed Railway

> $ 35 BILLION
The world ’ s longest high-speed rail project connects three municipalities ; Beijing , Shanghai and Tianjin . It also connects four provinces ; Hebei , Shandong , Anhui and Jiangsu . With 24 stations , the High Speed Railway is the busiest railway route providing access to China ’ s best-known trade and industry areas . Passenger trains started running in 2011 after 38 months of construction . Over 1.9 million employees work on the 1,300-kilometre railway , and over 200,000 passengers travel daily .

01 . Pearl River Delta ( PRD ) / $ 322 BILLION As one of the largest populated urban areas in China , Pearl River Delta ( PRD ) comprises of 11 cities , including zones of Hong Kong and Macau . These cities are linked with a series of tunnels , bridges , roads and high-speed railways . As of 2016 , PRD ’ s population recorded over 68 million people with a gross domestic product ( GDP ) of $ 1.3 trillion . The population will reach 80 million by the year 2030 , with a projected GDP of $ 2 trillion , as China ’ s economy shifts from agriculture to manufacturing and services . To give you an idea of PRD ’ s size in land mass and population , it is larger than Tokyo .

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