China Railway Investments Reach $17 Billion

Increase in Railway Investments in Cinde
Increase in Railway Investments in China

In the first quarter of the year, fixed asset investments in railways in China increased by 3,1 percent compared to the same period of the previous year, exceeding 106 billion yuan.

According to the information obtained from China Railway, in the first three months of the year, investment in fixed assets in railways across the country increased by 3,1 percent on an annual basis, reaching 106 billion 500 million yuan ($ 16 billion 900 million).

In January-March, a total of 233 kilometers of new railway lines, 447 kilometers of which are high-speed rail lines, came into service in the country.

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