China’s FAI in its railways up 23.3 percent in January-February

In the January-February period this year, total fixed asset investments (FAI) in China’s railways amounted to RMB 56.305 billion ($8.6 billion), up 23.3 percent year on year, as announced by China's Ministry of Transportation (MOT).

The MOT also announced that in the next three years it plans to add 3,000 kilometers of newly-built railways and to build more than 30 airports.