China's business hub Shanghai will invest 110 billion yuan (about 14.47 billion U.S. dollars) in the next three years to expand and upgrade its public transport system, according to a plan released by the Shanghai municipal government Friday.
The investment will be used to improve infrastructure for public transit, including building rail lines and bus transfer hubs, according to an action plan issued to prioritize public transit in the city.
According to the plan, Shanghai will have more than 400 kilometers of rails in operation by 2010, accounting for 30 percent of the total public transport capacity.
The city will put more buses on the road by establishing more bus lines that run through the city's downtown, suburbia and townships in the peripheral area of the city.
It will also set up another 3,500 parking spaces for the buses, and install digital signboards at bus stops to provide transportation information for commuters.
Special lanes will be set up for the 2010 World Expo, which will be held from May 1 to Oct. 31, 2010 in Shanghai.
Source: Xinhua
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