Today, the total construction mileage of China's high-speed rail has approached 40,000 kilometers, I believe that the main way of travel of most people in addition to the aircraft is high-speed rail, to be honest, we really enjoy the convenience brought to us by high-speed rail.
Especially I don't know if you have ever had a memory before, more than 10 years ago, every Spring Festival is a train ticket is difficult to find, many people who work outside buy green cars, slow driving, not to mention ventilation everywhere, sometimes quite cold in the carriage. Today, with the completion of the high-speed rail network, the train tickets back to the hometown are no longer so difficult to buy, and the Spring Festival is not as heavy as in the past. Because of the high-speed rail, not only the transportation life of the people has become more convenient, but also China's economy has grown rapidly because of the high-speed rail.
After all, decades ago we had a saying, if you want to build roads first, the transportation and logistics industry is the main artery of the entire national economy, and with good transportation, we can have better economic development. For example, in 2018, russian President Putin visited China, when he accepted the highest honor and friendship medal established for the first time in China, and the relevant departments of our country specially arranged for Putin to take a high-speed rail in China. When the high-speed rail is advancing at a speed of 300 kilometers per hour on the North China Plain, Putin sits in the carriage very stable, after all, what state China's high-speed rail can be stable to everyone is obvious to all.
In the fast-moving train cars, a single coin can be kept from falling, so Putin, who rides such a comfortable high-speed train, laments that taking the train is always a romantic thing. Not only do Russians have great respect for China's high-speed rail, but so do Americans, do you know that since the new US president Biden took office, he has repeatedly praised China's high-speed rail from his mouth.
A few months ago, Biden told voters directly in a speech, you know that China's high-speed rail now ranks first in the world, the United States is also ranked seventh and eighth in the world, and we are greatly behind China in high-speed rail. Just two days ago, Biden returned to his hometown of Pennsylvania to give a speech, where he grew up until the age of 10, and Scranton, Pennsylvania, was the first city in U.S. history to operate an electrified tram system, but over the years the city has slowly declined, and many young people have left their hometowns.
Biden asked a question in front of his father and elder in his hometown, he said do you know how fast the high-speed rail that China is building, Biden said there are 300 miles per hour, he told his fathers and elders in his hometown, if you take a high-speed train at this speed, you can get from our hometown to Washington much faster than you can drive. Even considering that the waiting time at the airport is faster than taking a plane, many people have recently ridiculed Biden for being older, his energy is not good, his physical strength is not good, is his intelligence declining? However, at least on the issue of high-speed rail, Biden is obviously very clear-headed.
Some people also say that Biden is not a slip of the tongue, China's high-speed rail today has 300 miles per hour? It is well known that miles are larger than kilometers, and 300 miles per hour is equivalent to more than 480 kilometers per hour. Most of us today ride on high-speed trains with a speed of about 200 to 300 kilometers per hour, but we really have a lot of high-speed rail projects under development with a speed of more than 480 kilometers per hour, Biden has seen the relevant information, and he is absolutely not mistaken on this issue. Biden is also surprised at how the performance of China's high-speed rail is so good, of course, praising China's high-speed rail Biden is purposeful, Biden next shouted to his father and fellow countrymen that if we also have such a high-speed rail in China in the United States, then what kind of state will it be?
You don't need to drive from Pennsylvania to Washington, you don't need to have hundreds of thousands of cars popping up on the highways anytime, anywhere, and we have a high-speed rail line that's enough. So how much oil does the U.S. have to save? Tens of millions of barrels, america's air pollution and carbon emissions problems will also be solved.
Biden's speech actually clearly shows the two advantages of high-speed rail, on the one hand, high-speed rail does not use electricity, for the world, this electric energy is relatively clean, a high-speed rail can replace millions of cars, this saved oil resources is obvious, and it is very beneficial to prevent air pollution and reduce carbon emissions.
On the other hand, it is clear that high-speed rail is to be built, the construction of high-speed rail to drive infrastructure construction is certainly good for the whole country, especially today's United States has encountered an unprecedented crisis, on the one hand, the epidemic no one thought that the United States would become the world's most serious epidemic country, and it is clear that even if Trump is replaced, after Biden took office, the epidemic in the United States has not been well alleviated, and today the number of confirmed cases and deaths in the United States is still increasing day by day.
Even I have an ominous premonition, because Trump once made a bold statement, he said that if I were not the president of the United States, the United States would have died 2 million people because of the new crown, fortunately, I became the president of the United States, and the epidemic in the United States killed more than 200,000 people. Today Trump is really no longer the president of the United States, today the death toll in the United States has soared to 1 million, will Trump really be a slur?
More critical is that in addition to the epidemic, the U.S. economy is devastated under the blow of the epidemic, some people say no, in recent times, the United States is not the stock market also rose, the housing market also rose, and even the price of second-hand cars has risen. Historical experience over the past few decades has taught us that as long as the stock market rises in the United States, there will be no major problems, and the US economy will be good.
There is nothing wrong with this statement, but the question is that the economic rise in the United States today is a false fire, it is an evil fire, it is a big bubble that is rising, why is the stock market in the United States rising today? The reason is very simple, everyone knows that the economy is not working, so to save the economy, how to save? Biden said that it is simple that we print money to send money to every ordinary person, inject a daily amount of dollars into the economy, the goods produced do not increase, the money becomes more, then the natural price will rise.
This price is not only the meat and vegetables you want to buy, the eggs and milk are going to rise, the price of bulk goods is going to rise, and the housing market and the stock market are also rising, so we say that this is a false fire, this is a bubble, and it is not certain which day this bubble will burst. And what medicine Biden prescribed, Biden also understood that it is not enough to throw money, this money can only be sprinkled in place, so Biden remembered President Roosevelt before World War II.
Roosevelt took over the mess from Hoover, which is quite similar to today's Biden, so Roosevelt followed keynesianism, the state increased investment in infrastructure, on the one hand, money must be printed, without printing, it can not stimulate the economy, on the other hand, where will this money be spent? You have to spend on infrastructure, the state has hired a large number of workers to let workers find jobs to earn money, and the quality of infrastructure can also be improved, so Biden has tried to promote China's high-speed rail in recent months, as if Biden has become the best salesman of China's high-speed rail in the world.
One will say that China's high-speed rail is unique in the world, the world's first, and these two days also said that China is developing a high-speed rail speed of more than 300 miles per hour, Biden said that the purpose of this is to tell the American people, you must support my infrastructure plan, let Congress approve the sprinkling of hundreds of millions of dollars, change the backward appearance of the Us infrastructure. Even the United States will build high-speed rail, on the one hand, this may require Faroosevelt to rescue the United States from the economic crisis, and on the other hand, for the United States to improve infrastructure so that the country can maintain vitality in the economic development of the next few decades.
Biden's prescription sounds really correct, after all, the development of the economy can not only rely on throwing money can not rely only on virtual fire, but in the United States to imitate China's high-speed rail it is realistic? Many years ago, some people said that why did the United States not build because the American people did not need it. Because on the one hand, the United States is known as the country on wheels, the adults in the United States almost everyone has a car, and the United States is sparsely populated, so the main means of travel for Americans is the car, regardless of whether it is around the city or to the neighboring city, then driving is the most convenient.
It is not like our country is vast, but the population is relatively dense, so we need high-speed rail more, and some people say that you don't know that the US flight market is very developed, the United States has thousands of civilian airports, so most American people travel, far away from him can take a plane, so the demand for rail in the United States is not very large, is this the reason? Of course not.
The United States does not have high-speed rail not because they don't need it, but they can't build it, as Biden said, if you drive from Pennsylvania to Washington, how fast can your car be, 120 kilometers per hour, and you are still sleepy and tired driving. But if there is a high-speed train with a speed of more than 300 miles per hour and more than 480 kilometers per hour, then the time from Pennsylvania to Washington is greatly reduced, and you can sit comfortably or sit or lie in the high-speed rail car, as Putin said, taking the train is always a very romantic thing, you can go to a strange city at ease, is it not more comfortable than driving?
About 10 years ago, when China's high-speed rail was just beginning to be built, then US President Barack Obama also captured this information, obama told his voters at that time, China has begun to build high-speed rail and has achieved very good results, we in the United States also need to build high-speed rail.
Obama promised to build a high-speed rail in the United States during his term of office, Obama fulfilled his promise is to start the construction of high-speed rail in the United States, but 8 years have passed since Obama's administration, 4 years in power have passed, the first six months of Biden's administration have passed, more than ten years have passed, and the California high-speed rail built under the presidency of the Obama era has just started, and it has not been completed so far, and it is clear that the date of completion is far away.
Even when Biden proposed his shocking infrastructure stimulus plan of more than $4 trillion a few months ago, you go and take a closer look at its plan, more than $4 trillion of investment, all invested in the infrastructure of the United States, but Biden did not dare to build high-speed rail, he only mentioned some of the current dilapidated infrastructure such as roads, bridges, highways, subways for a certain amount of repairs, this money has been spent. Biden even in the Current State of the United States how much it will cost to build a high-speed rail, how long it will take, is probably a difficult project to carry out.
After all, when Obama first came to power in 2009, Obama did not expect that it was just a high-speed rail problem, his 8 years in power have not passed, and Obama's 8 years Biden is vice president, Biden is very aware of Obama's process of building high-speed rail, he knows that this is a very difficult thing. With today's physical energy and even intelligence, can he complete the task of building high-speed rail, so Biden can only shout slogans to his voters that China's high-speed rail is too good, China's high-speed rail is fantastic, but it is clear that Biden does not even dare to propose a plan to build a high-speed rail in the United States.
Because he knows very well that on the one hand, there is not enough money, on the other hand, there are too many forces to restrain him, just like Biden himself said, he understands the reason, the completion of a high-speed rail, millions of cars can no longer run on the highway, tens of millions of barrels of oil have been saved, then you think about the American automobile industry, the American energy industry, and then the United States aircraft market will suffer what kind of blow?
Can these people be willing to let others earn money, sometimes we want to give President Biden a suggestion, to the United States today's labor, let's be honest you go to assemble an iPhone is too expensive, your labor is too high, processing and manufacturing you have to give up, not to mention the high-speed rail industry.
Since President Biden is so fond of China's high-speed rail, is it possible to simply bid for Chinese companies to build high-speed rail for the United States, if Chinese companies take orders for high-speed rail in the United States, we will certainly not be like Japan to India to build high-speed rail, 5 years have passed without a shadow, is this a win-win situation between China and the United States in the new era?