Overview

   China’s economy continues to sustain double digits growth.
   The growth of Henan province is outpacing national average.





   With the extension of China’s national highway network, the highway freight volume continues to grow.
   Henan province’s highway freight volume growth outperforms national average.



• Expressway System in China strongly stimulated by China’s continuing economic and social development.
–By the end of 2007, the total expressway (highway) 53,900 km (33,687 miles) nationwide
–Road transport has seen its modal share grow over the last ten years




Growth and Funding

- Most of the expressway construction are funded by business, private sector, and bank loans.
- China has attracted more private funding for expressway construction than any other country in the world.
- Most of the expressway are toll road to serve debt payment.
- Investment on the highway sector amounted to almost $45 billion/year, with about one third allocated to development of the National Trunk Highway System (NTHS) – the main artery of national expressway system.

• In December 2004, the Chinese government approved further plans to expand National Expressway Network to 85,000 km (53215 miles) from 53,900 km (33,687 miles) by 2020.
• The NEN design goal is to reach more than 1 billion people in China by connecting all provincial capitals and large cities.