China to complete FAI totaling RMB 800 billion in its railways in 2019

Thursday, 07 March 2019 10:34:23 (GMT+3)   |   Shanghai

China will complete fixed asset investment (FAI) totaling RMB 800.0 billion ($119.4 billion) in its railways in 2019, while it will complete FAI in roads and waterways amounting to RMB 1.8 trillion ($0.27 trillion) in the same year, as announced by Chinese premier Li Keqiang at the 13th National People’s Congress in Beijing.

Meanwhile, the registered unemployment rates in cities and towns in China is expected to be below 4.5 percent in 2019.

At the same time, energy consumption per unit of GDP in China is expected to decrease by three percent in 2019.

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