China to increase investment in railways for 2011-15 by RMB 37 billion

Tuesday, 10 July 2012 17:33:43 (GMT+3)   |  
       

China's Ministry of Railways has announced the decision of the Chinese government to increase planned investment in the railway sector in the country's 12th five-year plan period (2011-15) by RMB 37 billion ($5.812 billion). Accordingly, the investment total in the railway sector for the period will increase from RMB 411.3 billion ($64.587 billion) to RMB 448.3 billion ($70.397 billion).

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