China approves $7.95B in rail projects

Nov 27, 2012 | 09:27 AM |

Tags  National Development and Reform Commission, NDRC, China rail projects

SHANGHAI — China has approved rail projects valued at 49.47 billion yuan ($7.95 billion) for two cities.

The National Development and Reform Commission (NDRC), China’s economic planning agency, has given the green light for construction of two metro lines in Urumqi, capital of the Xinjiang Autonomous Region, and....

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