SCIO briefing on building China's strength in transport
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E-mail China.org.cn, September 26, 2019
Bloomberg:
You just mentioned several development plans in the transportation sector. Can you tell us more about the investment volume of realizing these targets? For example, you talked about the construction of building civil aviation hubs, are there any investment plans on this?
Li Xiaopeng:
Thank you for your question. First, I want to stress that building a strong transportation system includes not only infrastructure construction, but improving the equipment, service and management levels. Though infrastructure construction is an important part, the latter elements are also of great importance.
Secondly, infrastructure construction needs a high volume of investment. The outline does not come down to the investment scale as it’s just a general plan and guidance document. After its publication, we will compile a planning outline on the national comprehensive three-dimensional traffic network from 2020 to 2050 based on it. It may include a more detailed description about its future development and some key projects and infrastructure construction projects. But it’s probably also a general plan which cannot answer your question either. However, our five-year development plan can meet your requirements. Right now, the 14th five-year development plan of the transportation sector is being compiled. I cannot give you the specific figure now, but I promise to tell you when it is released.
