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ECONOMY
Weekly Watch> WEEKLY WATCH NO. 13, 2011> ECONOMY
UPDATED: March 25, 2011 NO. 13 MARCH 31, 2011
Non-Toll Roads
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The Ministry of Transport (MOT) said on March 23 that non-toll roads would account for more than 96 percent of the country's road mileage in the future.

He Jianzhong, spokesman for MOT, said China is considering building two road networks: one that will mainly consist of low-charge but highly efficient expressways and another made of non-toll common roads.

The government would be responsible for financing the non-toll road network, while the funds for expressway building projects would mainly come from bank loans and social funding, he said.

Currently, China's roads transport 74.1 percent of the country's freight traffic and 94.5 percent of passenger volumes.



 
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