Factors influencing the construction cost of high-speed rail in China and comparative analysis with other countries

Abstract

In recent years, with the rapid development of the social economy, the high-speed rail industry of all countries in the world has been improved to some extent. In the construction process of high-speed rail, construction cost is very important. It is highly valued by many infrastructure companies or teams. It not only serves as the foundation of the construction process but also can promote the whole project. This paper mainly studies the factors that affect high-speed railway construction costs in China and compares them with other countries. Based on the data, the geographical differences, labor force and technical standards change will have an impact on the cost of the construction, these three key factors deserve to be considered.