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.