The Hangzhou-Shaoxing-Taizhou intercity railway is among China's first group of high-speed railway projects funded by a public-private partnership (PPP), with the private sector having a holding status. Since the railway's official operation in January 2022, more than 10 million passengers have travelled along it. The 266.9-kilometer rail line, with a designed speed of 350 kilometers per hour, links the cities of Hangzhou, Shaoxing and Taizhou in Zhejiang Province.