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Nikkei Markets

Guangshen Railway To Sell Land Parcels In Guangzhou City

By Amy Lam
Nikkei Markets
HONG KONG (Dec 28) -- Guangshen Railway said it plans to hand over land use rights for certain land parcels in the Chinese city of Guangzhou to the local government for urban renewal.

The land, which is currently used as an old goods yard by the company, has an approximate area of 37,000 square meters, the Chinese state-owned railway operator said late Wednesday.

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