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The Shanghai maglev train (SMT) or Shanghai Transrapid ... It cost $39.759 million per kilometer to build (10 billion yuan (1.2 billion US dollars) for the line). [25]
The fully elevated Shanghai Maglev was built at a cost of US$1.33 billion over a length of 30.5 kilometres (19.0 mi) including trains and stations. Thus the cost per km for dual track was US$43.6 million, including trains and stations. This was the first commercial use of the technology.
Shanghai – Hangzhou: China had planned to extend the world's first commercial Transrapid line between Pudong airport and the city of Shanghai initially by some 35 kilometers to Hong Qiao airport before the World Expo 2010 and then, in an additional phase, by 200 kilometers to the city of Hangzhou (Shanghai-Hangzhou Maglev Train), which would have been the first inter-city maglev rail line in ...
The Shanghai maglev demonstration line cost US$1.2 billion to build in 2004. [105] ... The Shanghai Maglev Train, an implementation of the German Transrapid system, ...
The fastest commercial train service measured by peak operational speed is the Shanghai Maglev Train which can reach 431 km/h (268 mph). Due to the limited length of the Shanghai Maglev track 30 km (18.6 mi), the maglev train's average trip speed is only 245.5 km/h (152.5 mph).
The Beijing–Shanghai High-Speed Railway Co., Ltd. was in charge of construction. The project was expected to cost 220 billion yuan (about $32 billion). An estimated 220,000 passengers are expected to use the trains each day, [3] which is double the current capacity. [17] During peak hours, trains should run every five minutes.
Shanghai Maglev Train: High-speed rail, Maglev China: Shanghai: 1.4 [59] 2.2 2001 2004 Red Line and Purple Line: Rapid transit United States: Los Angeles: 4.5 [60] 7.6 1986 2000 represents expenditure prior to the D Line Extension: Toei Ōedo Line: Rapid transit Japan: Tokyo: 8.68 [61] 14.9 1988 2000 (¥988.6 billion in 1999 yen values) Jubilee ...
In 2008, the Ministry of Railways announced plans to build 25,000 km (16,000 mi) of high-speed railways with trains reaching normal speeds of 350 km/h. [7] [8] China invested $50 billion on its high-speed rail system in 2009 and the total construction cost of the high-speed rail system is $300 billion. [7]