Better planning and administration over China's highway networks can ensure continued strong economic growth for the country, Forbes reported, citing the World Bank.

'The central and provincial governments of China must address the requirements of a growing number of road assets that demand adequate maintenance and safe operations as well as (creating) a financing mechanism to realize balanced development,' Forbes cited the Bank as saying.

While stressing the positive impacts of the networks' development, the global financing body proposed the implementation of enhanced planning, financing, and management to ensure the sustainable upkeep and effective management of expressway assets.

The report concurs with the Chinese government's priority of developing transport infrastructure to spur economic growth and achieve more equitable development.

 

C-M-O-D-O AUTHENTIC SITE PayPal
@2011 China Economy @ The China Perspective.
All Right Reserved.
Server SSL Certificate