China state planner approves US$2b urban rail project
[BEIJING] China's top economic planner on Friday approved a 13.2 billion yuan (S$2.9 billion) urban rail project in Shijiazhuang, the largest city of northern Hebei province, as the government looks to boost flagging economic activity.
The project, involves three rail links with a total length of 80.4km, is expected to finish in 2021, the National Development and Reform Commission (NDRC) said on its website.
REUTERS
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