China's overall fixed asset investments in its railways totaled RMB 511.3 billion ($83.5 billion) in the first 11 months of the current year, up 0.9 percent year on year, according to the figures issued by China Railway Corporation (CR) on December 12. In the given period, investment in actual construction of railways in China amounted to RMB 448.3 billion ($73.25 billion), up 3.8 percent year on year.
In November alone, investment in actual construction of railways in China totaled RMB 64.8 billion ($10.6 billion), down seven percent on year-on-year basis, following the year-on-year decreases recorded in both October and September of the current year.