The high-speed railway line connecting Beijing and Shanghai is all set to open for traffic starting July 1, the Chinese ministry of railways (MOR) said on Thursday.

The fare for the journey will vary from 410 yuan to 1,750 yuan ($63 to $279) depending on the speed and seat category, Yangtze Evening Post reported.

China plans to build 13,000 km (8,078 miles) of high-speed rail by 2012, more than the rest of the world combined. Speeds of CRH (China Railway High-speed) Harmony bullet trains' vary from 250 to 350 kilometers per hour.