In the January-November period of the current year, fixed asset investment (FAI) in railways in China totaled RMB 490.396 billion ($75.80 billion), far short of the annual target of RMB 800 billion ($123.65 billion) announced by China Railway at the beginning of this year, as announced by China Railway.
In the January-November period of the current year, the overall freight volume transported on China’s railways amounted to 2.486 billion mt, down 11.63 percent year on year.