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Rail investment promises express delivery for stimulus plan

By Liu Mingtai | China Daily | Updated: 2009-03-20 07:55

Rail investment promises express delivery for stimulus plan

China's rail users are set to be big winners as full details of the government's vast financial stimulus package emerges. New high speed trains, a hugely expanded rail network and faster links between the country's major cities, all now pulling out of the sidings, are racing towards completion.

The country's railway builders and train manufacturers, too, are celebrating their unexpected windfall following the government's commitment to expand the rail infrastructure across China.

Companies in these sectors are expected to be the major beneficiaries of the 4 trillion yuan ($586 billion) package recently announced by the government as its key policy in ensuring China's economy continues to thrive, despite the vagaries of the global financial downturn.

Rail investment promises express delivery for stimulus plan

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