ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Transportation

China looks to build new maglev rail line to boost economy

Shanghai-Ningbo railway aims to battle coronavirus downturn with $14bn project

A linear train runs in Shangahai: The Zhejiang provincial government plans to build a 400 km linear railway linking Shanghai and Ningbo, via Hangzhou.   © Kyodo

BEIJING -- China's Zhejiang provincial government announced on Friday plans to build a maglev railway connecting Shanghai with Ningbo to the south, via Hangzhou.

The railway will be around 400 km long and cost roughly 100 billion yuan ($14.1 billion). The Zhejiang government aims to revitalize the local economy by investing 3 trillion yuan in transportation infrastructure.

Although the government did not say when the linear railway will go into service, it is expected to begin operating around 2035. State-owned CRRC Corp. is developing a linear vehicle that can reach a top speed of 600 kilometers per hour. The new line will likely use its technology.

The Chinese government is moving forward with infrastructure projects, such as the rollout of 5G high-speed data networks, to boost the economy, which has taken a heavy blow from the novel coronavirus outbreak. The linear railway is one example of the infrastructure push. Yunnan Province, in central China, is also considering building a 430 km linear railway.

A 30 km linear motor rail link connecting Shanghai and the city's airport made its debut in 2002.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more