The subway construction and planning was headed by a special committee of the State Council.
In 1933-1935, Mokhovaya was the site of a massive subway construction.
Suddenly the city's subway construction, which had languished, was completed with national funds, and the first line opened this year.
The plan called for subway construction to start in 1969, with the system opening in stages between 1973 and 1978.
An official said $1.35 billion of the proceeds will go to subway construction.
The company began subway construction from 1920 to 1925, but the route was abandoned due to lack of money.
Proceeds will be used for various purposes, including land reclamation, subway construction and sewage system improvements.
Shaken by subway construction in the early 1980's, the building required emergency restoration.
The tunnel was closed permanently in 1939 to make way for subway construction.
From 1953 to 1960, several thousand Chinese students were sent to the Soviet Union to study subway construction.