Shanghai Daily news

Shanghai will invest more than 110 billion yuan (US$14.47 billion) in developing public transportation, according the three year plan issued by the city's traffic authority yesterday.

According to the plan, the money will be put into Metro line construction and mass transportation transfer hubs.

Shanghai will build 300 kilometers of bus-only traffic lanes before 2010 to ensure buses can run at a speed of at least 15 kilometers an hour during rush hours.

The city wants 65 percent of vehicles on roads to be taxis or buses when the World Expo is held in Shanghai in 2010.

Bus only lanes will be built linking the Expo site to many parts of the city.