Transportation

chinadaily.com.cn | Updated: 2019-05-14

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The Hangzhou-Shaoxing-Taizhou railway public-private partnership project marks China's first high-speed train line with private investors taking the controlling stake. [Photo provided to chinadaily.com.cn]

Taizhou endeavors to build an integrated modern public transportation system. The line S1 of its municipal rail is the first municipal rail project in China that has adopted the PPP (Public-Private-Partnership) model and achieved operation, while Hangzhou-Shaoxing-Taizhou high-speed rail is the first privately operated high-speed rail PPP project. The different modes of transportation facilitate transportation in the urban area of Taizhou and promote the integrated development of the city.

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