China's first privately-owned high-speed railway starts operation
China's first privately-owned high-speed railway, the Hangzhou-Taizhou high-speed railway, is set to begin operation on Saturday. The project was constructed via China's Public-Private Partnership (PPP), which involves collaboration between the government and private sector that can be used to finance, build and operate projects. It starts in Hangzhou East Station and ends in Taizhou Wenling Station. With a 350-kilometers-per-hour designed maximum speed, the line has a total length of about 266.9 kilometers, including 226.3 kilometers of newly-constructed track.