[106] As of October 12, 2011, the MOR had issued 160 billion of debt for the year. Those sections will carry a mix of passenger and freight. China is the third country, after Japan and France, to have one billion cumulative HSR passengers. [61] [111] By the end of 2012, the total length of high-speed rail tracks had reached 9,300km (5,800mi), and ridership rebounded and exceeded levels prior to the Wenzhou crash. Some 4,715 kilometres (2,930mi) of new high-speed railways would be opened, and by the end of 2011, China would have 13,073 kilometres (8,123mi) of railways capable of carrying trains at speeds of at least 200km/h (124mph). 'The Greenest Bullet Train In The World': Wes Edens Wants - Forbes A Shanghai-Hangzhou maglev line was also initially discussed but later shelved in favour of conventional high-speed rail. High-speed rail developed rapidly in China since the mid-2000s. [110] Over the course of the year, the MOR's budget rose from $64.3 billion to $96.5 billion. "China to Bid on US High-Speed Rail Projects" A.P. Finally, residents living along the proposed maglev route have raised health concerns about noise and electromagnetic radiation emitted by the trains, despite an environmental assessment by the Shanghai Academy of Environmental Sciences saying the line was safe. [137] On the other hand, however, public concerns about the high-speed rail development have been raised from various perspectives. (Chinese), provincial-level administrative divisions, electrical multiple unit (EMU) train sets, Campaign to raise the speed of railway travel in China, conventional high-speed rail line was built between Shanghai and Hangzhou, Sifang Locomotive and Rolling Stock Co (CSR Sifang), high-speed railway between Beijing and Shanghai, List of high-speed railway lines in China Four Vertical and Four Horizontal" network, WuhanGuangzhou high-speed railway (Wuguang PDL), GuangzhouShenzhenHong Kong high-speed railway, List of high-speed railway lines in China, GuangzhouShenzhenHong Kong Express Rail Link, upgraded in the sixth round of the "Speed-up Campaign", California's high-speed rail line project, "Length of Beijing-HK rail network same as Equator", "New high-speed trains on drawing board- China.org.cn", "Full speed ahead for China's high-speed rail network in 2019", "China builds the world's longest high-speed rail as a rail stalls in the U.S.", "China's fast track to high-speed rail exports", "China-Tibet bullet trains to commence operations before July", "China sets railway building spree in high-speed motion", "World's Longest Fast Train Line Opens in China", "China to step up testing on fastest-ever maglev train", "China's High-Speed Rail, the world's longest high-speed railway network, is now losing $24 million per day with a reported debt of $1.8 trillion", "China Railway's debt nears $900bn under expansion push", "Is this the end of the line for China's rapid railway investment?
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