China announces S$5.98b Beijing-Hebei high-speed rail link in bid to boost economy

Passengers boarding a Shenzhen to Guangzhou high-speed train in 2010.
Passengers boarding a Shenzhen to Guangzhou high-speed train in 2010.PHOTO: BLOOMBERG

BEIJING (REUTERS) - China's state planner said it has approved a 27.4 billion yuan (S$5.98 billion) high-speed rail project which will link Beijing's new airport with neighbouring Hebei province.

The project will take three-and-a-half years to complete, the National Development and Reform Commission (NDRC) said on its website on Friday. It did not provide a project start date.

The government has flagged that it intends to spend more on infrastructure to shore up the cooling economy.