Chinese national railway operator China Railway Corporation (CRC) has stated that fixed asset investment (FAI) in railways in China totaled RMB 801.5 billion ($115.49 billion) in 2016, down 2.7 percent year on year.
Meanwhile, CRC also stated that China plans to invest RMB 800 billion ($115.11 billion) in its railways in 2017, nearly stable year on year.