China’s fixed asset investment in railways up 9.8 percent in Jan-Oct

Thursday, 17 November 2016 09:38:21 (GMT+3)   |   Shanghai
       

In the January-October period of the current year, fixed asset investment (FAI) in railways in China totaled RMB 623.449 billion ($90.78 billion), rising by 9.8 percent year on year, as announced by China Railway Corporation (CRC).

Meanwhile, CRC expects that FAI in railways will exceed RMB 800 billion ($116.48 billion) for the current year, with construction commenced on 45 railway projects in China.

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