INVESTMENTS - CHINA - Private finance plan for Beijing transport network
BEIJING,China -Xinhua/chinaview -2005-06-24: -- Beijing is considering allowing private finance from both home and abroad to fund new public transport projects... These investors will be allowed to earn a profit by running transport services, such as bus services, in the capital... From January to May this year, 80,000 new vehicles were registered in Beijing, pushing the total number to 2.4 million... Figures show that 15,000 old taxis have been replaced by new ones this year, and more than 300 buses have been adapted to use liquefied natural gas...
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