Russian media: new transportation, which the basis for China's rapid development

Seetao 2022-05-06 11:45
  • From one part of the country to another in a matter of hours, infrastructure projects become the basis for China's rapid development
Read this article
7 Minutes

Beijing decided to further increase infrastructure construction to stimulate domestic demand and economic growth. China will speed up the construction of green and low-carbon energy facilities, improve the oil and gas pipeline network, and build a number of regional airports and cargo airports. In addition, China will pay special attention to the construction of new infrastructure projects, including big data, supercomputing, cloud computing, artificial intelligence platforms and broadband.

As we all know, China has built the world's longest high-speed railway network (over 38,000 kilometers in total) and the largest road network connecting all regions of the country. The total mileage of highways in China (170,000 kilometers) is almost double that of the United States. There are 7,000 kilometers of subway lines across China. Under the plan, China is building a transportation network so that people can get to the nearest airport or high-speed rail station within an hour, and from one region to another within a few hours. China has also built the world's widest broadband network and largest 5G communications system, covering all of the country's major industrial centers.

China is also a world leader in alternative energy and new energy, accounting for nearly 45% of China's energy mix. In the context of the current new world situation, China plans to pay more attention to domestic development in order to provide additional impetus to economic development in the face of external constraints and instability. The move was interpreted in the West as evidence of problems with the Chinese economy. But in fact, it's not. Just the wishful thinking of Western analysts.

In recent years, China has invested heavily in the economies of the United States, Western Europe and countries along the Belt and Road. Now China has decided to invest more in domestic development because infrastructure is the foundation of all projects. In addition, although there are still many differences between China and India, the two countries are unexpectedly close. One of the very promising areas of cooperation between the two countries could be India's infrastructure development in China's way and with Chinese technology. In 1990, the per capita GDP of China and India was almost the same. China, which is now on the road of socialism with Chinese characteristics, puts infrastructure construction first, and its per capita GDP is several times that of India. In the field of infrastructure, India is still using the facilities left by the British colonists. Transport infrastructure (lagging) is one of the main bottlenecks in India's economic development. If China and India properly resolve the border issue, a completely different political and economic landscape may emerge in Asia.Editor/XuNing