China’s Rail System Drives Global Transport Growth

 

The global transport sector will grow by 29 percent from 2014 to 2017 with a majority of this growth coming from China’s road and rail industries as a result of a Chinese government stimulus program specifically for infrastructure improvements. In the coming years, China’s main transportation system will continue to be roads but the consistently improving rail system has higher punctuality, lower prices and comfort. By 2017, Euromonitor predicts China’s rail industry to reach sales of US$ 124 Billion and become the largest in the world.

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