The nation's first private railway real estate ownership certificate is issued in Taizhou, East China's Zhejiang province on Dec 14. [Photo/WeChat account: tzfb001]

The nation's first private railway real estate ownership certificate was issued in Taizhou, East China's Zhejiang province on Dec 14.

The certificate was granted to Ma Shaogui, vice president of Fosun Infrastructure Development Group, a private investor for the section of the Hangzhou-Shaoxing-Taizhou high-speed railway in Taizhou's Tiantai county.

Pang Weibin, director of the Tiantai Real Estate Registration Service Center, said that the certificate's issuance will offer reference for real estate ownership registration of more private railway lines across the country.

The Hangzhou-Shaoxing-Taizhou high-speed railway opened to traffic on Jan 8. The 266.9-kilometer railway line, which has a designed speed of 350 km/h, is one of the first public-private partnership pilot projects in China.

The route, which starts from Hangzhou, capital of Zhejiang province, and passes through Shaoxing and Taizhou in the province, has halved the travel time from Hangzhou to Taizhou to about one hour.

More than 5,000 trains transporting nearly 4 million passengers have traveled on the railway to date, official statistics show.