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hangzhou-wenzhou high-speed railway opened, social capital investment in railways achieved a new breakthrough

2024-09-09

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[in 2016, the national development and reform commission announced the first batch of eight social capital investment railway demonstration projects. zhejiang has two projects on the list, namely the hangzhou-shaoxing-taizhou intercity railway and the hangzhou-wenzhou railway.]

[private capital accounts for 51% of the first phase of the hangzhou-wenzhou high-speed railway, while the national railway group and local governments account for 49%. the second phase is wholly funded by zhejiang province.]

on september 6, the purple-colored fuxing hangzhou asian games train slowly left hangzhou west railway station and headed for wenzhou, marking the official opening of the hangzhou-yiwu-wenzhou high-speed railway (hereinafter referred to as the "hangzhou-wenzhou high-speed railway"). the fastest journey from hangzhou west to wenzhou north is 87 minutes, adding a new high-speed railway passenger transport channel between the two famous tourist cities of hangzhou and wenzhou, adding a new stroke to the "yangtze river delta on the track".

the hangzhou-wenzhou high-speed railway starts from tonglu east station in hangzhou, passes through jinhua, taizhou, wenzhou, and enters wenzhou north station. it is extended to wenzhou south station through the existing hangzhou-shenzhen railway. the main line is 276 kilometers long and has a designed speed of 350 kilometers per hour. the hangzhou-wenzhou high-speed railway is connected to hangzhou west station through the hefei-hangzhou high-speed railway at tonglu east station, realizing interconnection with the hangzhou hub. it is connected to the hangzhou-shenzhen railway at wenzhou north station and is an important part of the intercity railway network in the yangtze river delta.

the national railway group said that the high-speed railway is a national pilot project for mixed-ownership reform and a demonstration project for social capital investment in railways. its successful completion has important demonstration significance for encouraging and expanding social capital to participate in railway construction investment and broadening railway investment and financing channels. after the hangzhou-wenzhou high-speed railway is put into operation, it will further improve the layout of the regional railway network, facilitate travel for people along the line, drive the development of tourism resources, and effectively serve the high-quality development of the yangtze river delta integration.