Since 2023, China's railway fixed assets investment has grown steadily. A number of key construction projects have been solidly promoted, further densifying the high-speed rail network in eight vertical and eight horizontal directions, and assisting regional coordinated development.

Recently, the Guiyang to Libo section of the Guinan high-speed railway was officially opened and put into operation, ending the history of no railways along the line. The Guiyang to Libo section of the Guinan high-speed railway is currently in trial operation, and it is expected that the entire Guinan high-speed railway will be open to traffic within the year. The travel time from Guiyang to Nanning railway will be reduced from 5 hours to 2 hours.

From January to July 2023, the fixed assets investment of national railways will reach 371.3 billion yuan, up 7% year on year. A batch of major engineering projects identified in the "14th Five Year Plan" have been solidly promoted: the Chengdu Yibin high-speed railway has completed track laying; The Guangzhou Shantou High Speed Railway and the Shanghai Nanjing Yangtze River High Speed Railway started joint debugging and testing.

As of now, the main channel of China's "eight vertical and eight horizontal" high-speed rail network has been completed and put into operation for 35300 kilometers, accounting for approximately 77.83%; 7025 kilometers of construction are under construction, accounting for approximately 15.49%.

Guo Chunjiang, Senior Engineer of the Development Strategy and Planning Department of the Development and Reform Department of China Railway Group, said that the high-speed rail network has covered more than 95% of cities with a population of 500000 in urban areas across the country, effectively promoting interconnectivity among various regions in China, and actively assisting in the implementation of integrated development strategies in regions such as the Beijing Tianjin Hebei, Yangtze River Delta, and Greater Bay Area.

In 2023, it is expected that more than 3000 kilometers of new railway lines will be put into operation nationwide. A number of new lines will be put into operation from Fuzhou to Xiamen, from Nanchang to Jingdezhen to Mount Huangshan, and from Tianjin to Daxing International Airport, injecting new impetus into the coordinated development of regional economy and society. Editor/Zhao E