China’s fixed asset investment in railways up 4.2 percent in Jan-Nov

In the January-November period of the current year, fixed asset investment (FAI) in railways in China totaled RMB 699.909 billion ($100.85 billion), rising by 4.2 percent year on year, as announced by China Railway Corporation (CRC).

 

Meanwhile, CRC expects that FAI in railways will exceed RMB 800 billion ($115.27 billion) for the current year.