High Speed Rail Spurring Economic Growth in China

A large-scale program of high speed rail projects is creating a huge economic impact in China. The fast timeline for these rail projects and the jobs they are creating have American officials looking on jealously.

"Indeed, the web of superfast trains promises to make China even more economically competitive, connecting this vast country - roughly the same size as the United States - as never before, much as the building of the Interstate highway system increased productivity and reduced costs in America a half-century ago.

As China upgrades and expands its rail system, it creates the economies of large-scale production for another big export industry. 'The sheer volume of equipment that they will require, and the technology that will have to be developed, will simply catapult them into a leadership position,' said Stephen Gardner, Amtrak's vice president for policy and development."

By 2012, China will have 42 high speed rail lines in operation. The first U.S. project -- an 84-mile link between Tampa and Orlando -- is scheduled to open in 2014.

Full Story: China’s Project to Build Fast Trains Is Spurring Growth

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95
Woman wearing city map tote bag

City Shoulder Totes

Durable CityFabric© shoulder tote bags available from 5 different cities.
$22.00