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China to Build 7,000 Km Moscow-Beijing Railway Estimated $242 Bln

© AP Photo / Xinhua, Jiao HongtaoIn this photo released by China's Xinhua news agency, a bullet train passes over Yongdinghe Bridge in Beijing Wednesday, Dec. 26, 2012
In this photo released by China's Xinhua news agency, a bullet train passes over Yongdinghe Bridge in Beijing Wednesday, Dec. 26, 2012 - Sputnik International
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The railway will ease travel between Beijing and Moscow and reduce travel times, Beijing's municipal government announced.

The Moscow-Kazan high-speed rail project is worth 1 trillion rubles ($27 billion), with around 380 billion rubles ($10.2 billion) in government funding. - Sputnik International
Chinese Companies Ready to Invest $10.8Bln in Moscow-Kazan High-Speed Rail Project
MOSCOW, January 22 (Sputnik) – China will build a high-speed railway connecting Beijing and Moscow, estimated to cost 1.5 trillion yuan ($242 billion), Beijing's municipal government announced on Thursday.

The length of the railway will total 7,000 kilometers. The railway will pass through Kazakhstan, and the journey will take two days, Bloomberg reports, citing the government' announcement in the Weibo social network. The railway will ease travel between Beijing and Moscow and reduce travel times, the announcement notes.

According to Bloomberg, China is promoting its high-speed rail technology on an international level, adding that the construction of the railway is taking place as Russia's relations with the US and Europe cool over the Ukraine conflict.

In this photo released by China's Xinhua news agency, a bullet train G80 leaves for Beijing from the Guangzhou South Railway Station in Guangzhou - Sputnik International
China Becomes World Leader in High Speed Rail Development: Reports
China currently has the world’s longest high-speed rail network with over 11,000 km (6,852 miles) of track. Some Chinese trains can reach operational speeds of 380 km/h (240 mph).

In October, the Russian government signed a memorandum of cooperation on a high-speed railroad with Chinese officials. The purpose of the document is to develop a Moscow-Beijing Eurasian high-speed rail transport corridor, including the priority project of a Moscow-Kazan high-speed rail line.

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