New prices for business-class and premium seats on Beijing-Shanghai high-speed trains starting from June 27:
Business-class tickets for the 85 high-speed trains operating on the country's busiest railway line will be reduced by 10%-20%, while tickets for premium seats will be cut by 10%, according to a statement posted on the website of the ministry.
After the price cut, business-class tickets will be lowered to between 1,400 yuan and 1,575 yuan from the current 1,750 yuan.
Prices of premium seats will stand at 949 yuan, down from the current 1,055 yuan.
Cattle class prices remain unchanged.