
Xia Xin introduced the development direction and key points of railway, highway, water transport and civil aviation transport modes
AI-generated summary
The National Development and Reform Commission held a series of press conferences on the “15th Five-Year Plan” to introduce the situation of consolidating development support. Xia Xin introduced at the meeting the development directions and priorities of railway, highway, water transport and civil aviation transportation modes during the "15th Five-Year Plan" period.
Xia Xin, director of the Infrastructure Development Department of China's National Development and Reform Commission, said in Beijing on the 4th that during the "15th Five-Year Plan" period, China will build approximately 15,000 kilometers of railways, including approximately 10,000 kilometers of high-speed railways, to basically achieve the goal of railway modernization.
On the same day, the National Development and Reform Commission held a series of press conferences on the “15th Five-Year Plan” to introduce the situation of consolidating development support. Xia Xin introduced at the meeting the development directions and priorities of railway, highway, water transport and civil aviation transportation modes during the "15th Five-Year Plan" period.
In terms of railways, China will accelerate the construction of a complete set of technologies and standard systems for the construction and operation of high-speed railways with a speed of 400 kilometers per hour, and steadily promote commercial operations. Build a professional railway freight network, optimize the functional layout of railway logistics bases across the country, expand the scope of container train operations, steadily promote the on-demand operation of freight trains on 200 kilometers per hour railways, and strive to increase the freight volume by 220 million tons during the "15th Five-Year Plan" period.
In terms of highways, we will connect the national highway network, accelerate the construction of highways along the Yangtze River and urban ring roads, and promote the expansion of capacity and intelligence of Lianhuo, Shenhai, Beijing-Hong Kong-Macao and other highways, reasonably control the construction scale and pace of local highways according to local conditions, and promote the high-quality development of rural highways.
In terms of water transportation, during the "15th Five-Year Plan" period, China will build approximately 2,500 kilometers of national high-grade waterways, more than 100 automated terminal berths of 10,000 tons and above, and basically build a modern water transportation system.
In terms of civil aviation, during the "15th Five-Year Plan" period, China will build a number of new civil transport airports, and the industry's safety level, service capabilities, and infrastructure must become world-class. We will build new airports in Hohhot, Xiamen and Dalian, build new airports in Guangzhou and Nantong, advance the preliminary work of new airports such as Sanya, implement the renovation and expansion of a number of hub airports, and build a number of airports in border areas.
(over)

The results of the US midterm elections were announced, the Democratic Party won, and Trump stated that he accepted the results. The market was optimistic due to the elimination of political uncertainty, and the Dow Jones opened higher by more than 1,000 points. Investors are also paying attention to the policy risks of AI construction-related stocks.

The 140th Canton Fair concluded successfully, coinciding with the 70th anniversary of its founding. This exhibition establishes a buyer alliance for the first time, aiming to provide precise services to leading companies. At the same time, the ninth CIIE is about to open in Shanghai, demonstrating the evolution of China’s trade pattern from export-oriented to two-way openness.

The 29th Beijing·Hong Kong Economic Cooperation Seminar opened in Beijing on the 4th. Many business leaders pointed out that Hong Kong has become the "cross-border architecture hub" and "testing ground for international standards" for Beijing companies going overseas, playing a key role in financial settlement, compliance services and international layout.

According to the 2025 Hank Annual Misery Index, Taiwan has the least economic pain among 178 economies in the world with a score of 2.1. Venezuela tops the misery index due to high inflation and unemployment, followed by Sudan and Türkiye. The index combines inflation, unemployment, loan interest rates and GDP growth to evaluate.

On November 3, the "2026 World Mayors Dialogue·Ningbo" was held at Ningbo Zhoushan Port. Representatives of port cities from Benin, Malaysia, Madagascar and other countries discussed port resilience, green transformation and intelligent development with China, and jointly released the "Ningbo Consensus on Cooperation and Development" and are committed to building an interconnected global logistics supply chain.

American business firm Dun & Bradstreet announced the Taiwan Enterprise AI Momentum Index for the fourth quarter of 2026, which shows that AI application momentum continues to expand, but the risk mitigation and technical readiness indicators are both below 50, reflecting that companies still have significant room for improvement in governance and structure management.