From May of last year to the present, 14 cities including Chongqing, Xiamen, Kunming and Harbin have approved 25 construction projects for urban rail transit according to the construction plan approved by the State Council. The total length of the lines exceeds 500 kilometers, involving a total investment of more than 330 billion yuan. .
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On the morning of September 10, at the press conference held by the Information Office of the State Council, Yang Jie, deputy director of the Policy Research Office of the National Development and Reform Commission, shared the above data. In May of last year, the National Development and Reform Commission delegated the authority of the “Rapid Urban Rail Transit Project Approval†to the local government. “Overall, the approvals for decentralization last year were mostly areas where there was a strong willingness of companies and local investors to invest. The investment amount was large, the employment force was strong, and the gold content was relatively high,†said Yang Jie.