China's state planner approves $12bln southern rail project

The state planner has approved an urban railway project in the city of Foshan

  
Image used for illustrative purpose. A China Railway High-speed bullet train runs towards Beijing South Railway Station July 25, 2011. REUTERS/Jason Lee/File photo - RTX2CWEW

Image used for illustrative purpose. A China Railway High-speed bullet train runs towards Beijing South Railway Station July 25, 2011. REUTERS/Jason Lee/File photo - RTX2CWEW

REUTERS/Jason Lee/File photo - RTX2CWEW

BEIJING- China's state planner has approved an urban railway project worth 77.2 billion yuan ($11.92 billion) in the city of Foshan in southern Guangdong province, the National Development and Reform Commission said in a notice on Tuesday. ($1=6.4745 Chinese yuan renminbi)

(Reporting by Beijing newsroom and Gabriel Crossley; Editing by Clarence Fernandez) ((Gabriel.Crossley@thomsonreuters.com; +86 10 5669 2127;))

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