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China already has 40,000 km of high-speed rail—more than twice as much as the rest of the planet combined. 

China already has 40,000 km of high-speed rail—more than twice as much as the rest of the planet combined. 

Photographer: Chogo/Xinhua/Getty Images

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These Are the Megaprojects in China’s $1 Trillion Infrastructure Plan

To help boost the economy, Beijing is targeting investments in new energy projects, high-speed rail and water tunnels.

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China is pumping trillions of yuan into infrastructure investment, stimulus that could benefit the world’s second-largest economy well beyond this year’s gloom of Covid lockdowns and property market turmoil. 

Beijing is making 6.8 trillion yuan (about $1 trillion) of government funds available for construction projects, according to Bloomberg calculations based on official announcements. Total spending could be even higher than that — three times that amount, by some estimates — once bank lending and corporate funds are added. 

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