A new report released by the World Bank claims that China has managed to reduce the cost of building high speed railway networks by as much as a third as a result of the standardisation of building processes, in tandem with the economies of scale achievable in the country as a result of its size.

According to the paper High Speed Railways in China: A Look at Construction Costs, China may have achieved a typical infrastructure unit cost of US$17 million to US$21 million per kilometre for a 350 km/h line, as compared to US$25 million to US$39 million in the Eurozone. The study claims…