Railway Construction in China

By Susan Finder with assistance from Peter Bazos, Freshfields Bruckhaus Deringer, Hong Kong

China's current five-year plan (2001-2005) attests to the commitment to develop railway infrastructure. The country plans to invest Rmb350 billion on railway development. Adding needed clarity to the legislative regime, the Ministry of Railways recently issued the Administration of Railway Construction Procedures (the Procedures), which took effect October 1 2003.