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New Minister of Railways boosts Chinese investment

By Wang TL 1998-05-01T10:00:00

JUST 10 days after taking over as China’s Minister of Railways on March 18, Fu Zhihuan announced at a conference in Beijing that rail investment would be stepped up by 30% this year from 34·9bn to 45bn yuan. Spending on construction and upgrading over the next five years will be ...

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