China will spend over $100 billion on more than 6,600 km (4,100 miles) of new railway lines this year, Xinhua news agency said, citing a senior industry official.
The general manager of the state-owned China Railway Corporation (CRC), Sheng Guangxu, was quoted as saying that the bulk of the 630 billion yuan ($104.11 billion) investment would be in the underdeveloped central and western regions.
It said CRC had already put 5,586 km of rail lines into operation since its formation last March following the dissolution of the Ministry of Railways.
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David Stanway, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/IjeAVF_FsuY/
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