China targets rural roads for growth

China's economy has surpassed that of Japan in size, due in part to the country's massive investment in infrastructure. And with that infrastructure spending showing no sign of ceasing, China's economy looks set to continue to grow.
February 10, 2012 Read time: 1 min
China's economy has surpassed that of Japan in size, due in part to the country's massive investment in infrastructure. And with that infrastructure spending showing no sign of ceasing, China's economy looks set to continue to grow. One of the important features of the Chine's Government's growth plan is its rural road rebuilding policy, with the country aiming to improve links between small villages and the rest of the country. The Chinese Government says that this policy is as important as its plan to improve inter-city links. China's 2556 Ministry of Transport will spend US$4.55 billion on improving rural road links during 2011. By 2015 the country aims to have some 3,900,000km of rural roads. Over the last five years the rural road network has grown by 527,000km to hit a total of 3,450,000km and this expansion has cost $30 billion to build.

For more information on companies in this article

Related Content

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
    Read More
  • New roads for China’s Sichuan and Hebei provinces
    March 6, 2023
    New roads are planned for China’s Sichuan and Hebei provinces
    Read More
  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More

Highlighted Content