On October 22, the website of the National Development and Reform Commission announced the approval of eight major railway and airport engineering projects. In addition to the three major railway projects announced on the 16th, a total of 11 major project approval documents were published in the week. The investment amounted to 245.8 billion yuan.
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The 11 major projects include Chongqing Hanjiang to Zhangjiajie, Hunan to Changde, Henan Shangqiu to Anhui, Hefei to Zhejiang, Hangzhou (Anhui Wuhu Changjiang Ferry Bridge), Henan Zhengzhou to Chongqing Wanzhou, Yunnan Dali to Ruili, Yunnan Yuxi to Mogao and other new railways. Project and Liaoning Jinzhou Port to Inner Mongolia Baiyinhua Railway Expansion Project, Jilin Province Songyuan Civil Airport, Qinghai Province Guoluo Civil Airport, Inner Mongolia Zalantun Airport, Yunnan Province Civilian Airport, Guizhou Province Renhuai Civil Airport and other Airport Projects .
In addition to the central and local financial subsidies, these projects focus on attracting the participation of social capital. For example, the Dali-Ruili Railway approved documents show that the total investment of the project is 25.73 billion yuan, with the exception of 35% being raised by the Central Government and the Yunnan Provincial Government, and the remaining being solved by the China National Railway Corporation through the railway development fund to raise social funds.
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