国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
CHINADAILY Editorial

China-Thailand rail deal will also benefit region

chinadaily.com.cn | Updated: 2017-07-12 21:08
Share
Share - WeChat

There's no gain without pain, as the saying goes, and that's certainly been true of the China-Thailand high-speed railway, which has found its way strewn with obstacles before the first phase finally got the green light to go ahead on Tuesday.

After years of delay, Thailand's Cabinet finally approved $5.2 billion in funds to build a 252-kilometer railway that will cut the travel time between the Thai capital and its northeastern province of Nakhon Ratchasima from the nearly six hours it takes now to less than one and a half hours when it is completed in 2021.

According to the deal, Thai companies will be responsible for construction of the railway, due to start in September, while Chinese enterprises will design it, advise on its construction and provide technology and technical training, among other things.

With a maximum speed of 250 km per hour, the railway will help facilitate Thailand's trade and investment, and attract more tourists. More important, it will help restore the confidence of foreign investors after years of political turmoil in the country. The Thai economy has already rebounded after a decade of slowdown, with growth expected to reach 3.4 percent this year, but the railway project will further propel that good momentum.

The second phase of the project will see the railway extend from Nakhon Ratchasima to Nong Khai, across the Mekong River from Vientiane, capital of Laos, paving the way for a railway from Kunming, capital of Southwest China's Yunnan province, to Bangkok, and finally to Singapore.

Yet the two sides first agreed to build the railway in Thailand as early as in 2010. That it has taken so long for the project to finally be put on track, after Thai Prime Minister Prayuth Chan-ocha invoked an executive order last month to clear the legal and political hurdles standing in the way, speaks of need for China to better communicate the benefits of the Belt and Road Initiative to all members of society in countries along the new Silk Road routes.

There were disagreements on costs, loan interest rates and labor rules, but failure to kick-start the infrastructure project earlier was mainly due to the concerns among Thais about how much ordinary people would benefit from the railway.

However, both countries believe that their and the region's economic development potential will be further boosted by the railway, which will serve to promote the construction of a trans-Asian high-speed railway network.

And it shows that China and countries in the region are willing to join hands to create a favorable trade and investment environment from which all can benefit.

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
肃南| 栾城县| 临武县| 泽普县| 德清县| 克山县| 翁牛特旗| 古交市| 土默特左旗| 武宁县| 莱州市| 克山县| 周至县| 赤壁市| 化德县| 富民县| 姜堰市| 轮台县| 瑞昌市| 承德市| 伊川县| 锦州市| 营山县| 南和县| 德钦县| 巴彦淖尔市| 文水县| 格尔木市| 西充县| 长子县| 聊城市| 灵武市| 大庆市| 乐昌市| 梁河县| 太谷县| 济南市| 灵山县| 银川市| 红桥区| 乌兰察布市|