Beijing metro

Business Digest, February 18, 2013

Hyun Oh-seok (centre)

Sun Hung Kai Properties says it will reap sales of HK$2.1 billion if all flats in Residence 88 are sold. The company had sold more than 150 flats in the Yuen Long project by Saturday, at prices ranging from HK$7,200 to HK$16,425 per square foot of gross floor area, or HK$9,244 to HK$20,833 per square foot of saleable area. The dearest unit fetched HK$26 million.

Monday, 18 February, 2013, 3:33am

Beijing and other key cities plan for 10-fold expansion of metro railways

Passengers in a train on Beijing's subway line 6. Photo: Xinhua

By 2050, mainland cities will have 11,700 kilometres of metro railway, accounting for at least half the world's metro railway, said a bond prospectus of China CNR Corporation, a leading rolling stock manufacturer. This is nearly 10 times the 1,688 kilometres of operating metro railway in 14 cities at the end of 2011.

12 Feb 2013 - 5:39am

Making tracks

The Beijing metro.

As gridlock grips the capital's roads, Beijing’s subway system is feeling the strain. But what, asks Hannah Xu, is the government doing about it? Quite a lot, as it happens. Pictures by Simon Song.

19 Jan 2013 - 11:08pm