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On October 4, the first privately-controlled high-speed railway in China, the Hangzhou-Shaoxing-Taizhou High-Speed Railway, marked its 1000th day of operation, with a cumulative passenger flow exceeding 40 million. Just a month earlier, on September 6, the second privately-controlled high-speed railway in China, the Hangzhou-Wenzhou High-Speed Railway, also opened for operation in Zhejiang Province.
The Third Plenary Session of the 20th Central Committee of the Communist Party of China proposed to "promote the fair opening of competitive sectors of infrastructure to market entities and improve the long-term mechanism for private enterprises to participate in the construction of major national projects." In recent years, relevant national departments have taken multiple measures to break down market barriers, create a market environment of fair competition, and promote the participation of more private capital in the construction of major projects in infrastructure fields such as railways.
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