How much does China high-speed rail cost?

China's high speed rail with a maximum speed of 350 km/h has a typical infrastructure unit cost of about US$ 17-21m per km, with a high ratio of viaducts and tunnels, as compared with US$25-39 m per km in Europe and as high as US$ 56m per km currently estimated in California.



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Beijing - Xi'an Overnight Trains The whole journey takes about 11.5 - 17.5 hours. The ticket price for a soft sleeper ranges from CNY 435.5 - 460.5 (USD 60 - 64); for a hard sleeper CNY 292.5 - 308.5 (USD 41 - 43); and for a hard seat CNY 148.5 - 156.5 (USD 21 - 22).

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Per mile, the New York project cost $2.6 billion, which is high even by U.S. standards. For example, the Purple Line in Los Angeles cost $800 million per mile.

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He said there are only a few examples of high-speed rail networks that turn a profit, due to a rare combination of passenger numbers and distance. For example, most of the companies that run Japan's Shinkansen or bullet train lines operate at a profit, as do some fast trains on France's state-owned SNCF network.

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Why are UK trains so expensive? One of the main reasons the price of train tickets keeps rising is the privatisation of rail networks, with every private company striving to make a profit.

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HS2, or High Speed 2, is a planned high-speed railway project that was originally expected to link London with cities in England to its north including Birmingham, Manchester and Leeds.

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Build costs in the UK are higher. This is partly because we have higher costs associated with design. It is also because our sector is particularly reliant on subcontractors. Little more than an eighth of the UK construction workforce is permanently employed, according to the Construction Products Association.

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Kelly acknowledges that the $8-billion goal is “aggressive and rightly so” because California is paying for 84% of the cost so far. “If the national government wants to get a national cleaner, faster electrified rail system, it has to do better than 16%. And so we're going to make that case,” he said.

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For the 2021/22 financial year, Network Rail recorded a £324M pre-tax profit. That is down from the £1.6bn profit recorded in the previous financial year. The profit dip has been blamed on inflationary-related cost pressures, with revenue only dipping slightly from £9.61bn last year to £9.55bn this year.

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There are five lines in the UK which allow for high-speed rail travel. On four out of five lines, the maximum speed is 125mph, while the purpose-built HS1 line allows for speeds of 186mph.

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