High-speed railway welcomes private investment

New 266.9-km intercity line greatly shortens travel time between Zhejiang cities, further enhancing regional economy China’s first privately controlled high-speed railway in Zhejiang province will provide a promising example for private capital to invest in the nation’s railway sector, experts said. As the first high-speed railway largely funded by domestic private capital, the 266.9-kilometer Hangzhou-Shaoxing-Taizhou…