In the January-June period of the current year, fixed asset investment (FAI) in railways in China totaled RMB 312.5 billion ($45.96 billion), increasing by 1.9 percent year on year, as announced by China Railway Corporation (CRC).
Wang Mengshu, an official at the Chinese Academy of Engineering, stated that the start of construction work on a number of new projects will result in increased FAI in China’s railways in the second half of the year.