The investment for the first phase of the Disneyland project in Shanghai stands at 24.5 billion yuan, Xinhua reports.
RMB 24 bln invested in Shanghai Disneyland
Shanghai Mayor Han Zheng on Sunday addressed incorrect reports on the investment for the first phase of the Disneyland project in Shanghai, saying it stands at 24.5 billion yuan, Xinhua reports. The project, which began in November, will be the first Disneyland theme park in mainland China and the sixth worldwide. It is also the US entertainment giant's third theme park in Asia after Tokyo and Hong Kong. The first phase of the Disneyland theme park will be built and put into operation by 2015.
New railway to link Tibet, Xinjiang
During China's 12th Five-Year Plan period (2011-2015), authorities will build the first direct rail link between Xinjiang and Tibet, said Luo Yulin, vice governor of Qinghai Province at the annual parliamentary session in Beijing, Xinhua reports. The new Golmud-Korla project will begin this year and be put into use by 2015. Two other railway lines would be built between Golmud and Dunhuang, Gansu Province, and between Golmud and Chengdu, Sichuan Province, over the next five years. Authorities are also considering the construction of two more railways linking Xining with Chengdu and Xining with Kunming, Yunnan Province, Luo added.
(China.org.cn March 8, 2011)