In the past three decades, China has more than doubled the mileage of new track in its railroad system. In the coming year, it will spend $120 billion on the construction of new lines, many of which will handle high-speed rail.
the current high-speed rail network is only the beginning. The domestic system will continue to expand, while Chinese firms will participate in constructing rail projects in Saudi Arabia, Venezuela and Turkey. There are also reports that Beijing wants to build a high-speed link between China and Europe.