Summary：China's railway industry will open to private investment on an unprecedented scale, according to a document issued this weekend by the Ministry of Railways.

China's railway industry will open to private investment on an unprecedented scale, according to a document issued this weekend by the Ministry of Railways, which is struggling with mounting debts and a corruption scandal while attempting to resolve the country's infrastructure bottlenecks.
       Private investors will be encouraged to bid for contracts, subsidiaries will be allowed to list shares, and pension funds welcomed to invest in railway companies, the ministry said in a policy document issued late Friday.