OBS_VALUE: <ul><li><a href=http://www.gd.gov.cn/zwgk/wjk/zcfgk/content/post_2532698.html target=_blank>Railway Law of the People's Republic of China(  中华人民共和国铁路法 adopted 1 May 1991, last adopted 24 April 2015, article 3)</a></li><li><a href=http://www.gov.cn/zwgk/2012-05/22/content_2142395.htm target=_blank>Implementation opinions of the Ministry of Railways on encouraging and guiding the investment of private capital investment in railways(铁道部关于鼓励和引导民间资本投资铁路的实施意见 adopted 16 May 2012)</a></li></ul>