China’s fixed asset investment in railways up 25.7% in Jan-Feb

China’s overall fixed asset investments in its railways totaled RMB 37.62567 billion ($6 billion) in January-February this year, up RMB 7.69403 billion or 25.7 percent year on year, according to the figures issued by China’s Ministry of Railways on March 13.

 

In the given period, investment in actual construction of railways in China amounted to RMB 25.14029 billion ($4 billion), increasing by 20.9 percent year on year.

 

In the first two months of the current year, passengers transported by railways in China totaled 328.01 million, up 29.77 million or 10 percent year on year, while goods transported by railways in China totaled 654.23 million mt, down 180,000 mt year on year.