BEIJING, China – China plans to build at least 4,000 kilometers of new railway lines this year, including 2,000 km of high-speed lines, the country’s top rail operator said. The planned development of new railways this year is part of the nation’s effort to maintain large-scale fixed-asset investment, Lu Dongfu, general manager of China State Railway Group, said at its …

Li said the downward adjustment of the GDP growth target was made against the backdrop of a slowing global economy, as several international organizations have recently lowered their forecasts for global growth this year