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The 13th Five-Year Plan for Railway Development

The 13th Five-Year Plan for Railway Development, as issued by the National Development and Reform Commission (NDRC), emphasises the importance of accelerating the construction of trunk lines and high-speed railways in the central and western region, as well as the building of external trunk lines, in order to complement the overall Belt and Road development plan.

In line with this, the National Railway Administration (NRA) is committed to building an “eight north-south, eight east-west” high-speed railway network extending across the Chongqing-Kunming, Fuzhou-Xiamen, and Beijing-Shangqiu lines, as well as a trunk line network connecting the Xining-Chengdu, Hetian-Ruojiang, and Lhasa-Linzhi lines. With regards to external trunk lines, the NRA is seeking to develop the China-Europe Express (CR Express) into a logistics facility servicing the Ruili, Mohan and Dongxing rail ports.

The NDRC is also looking to encourage enterprises to back the railway cargo transport and logistics market, while additionally promoting equity investments as a means of broadening the finance channels open to the Railway Development Fund. At the same time, it has plans in place to establish a railroad technology innovation mechanism as a means of promoting R&D related to advanced transport technology, such as the maglev.

For further details (in Chinese), please refer to the following link:
http://www.ndrc.gov.cn/zcfb/zcfbghwb/201711/W020171124600458022320.pdf

Content provided by Picture: HKTDC Research
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