In January this year, fixed asset investment (FAI) in railways in China totaled RMB 21.67 billion ($3.14 billion), decreasing by 27.5 percent year on year, as announced by China Railway Corporation (CRC) on March 13.
Meanwhile, CRC expects that FAI in Chinese railways will exceed RMB 800 billion ($115.77 billion) for the current year, with construction commencing on 35 railway projects in China.