China’s railway investments to total RMB 3.5 trillion in 2011-2015

According to information issued on November 6 by China's Ministry of Railways (MOR), the ministry plans to invest RMB 700 billion ($105 billion) annually, altogether RMB 3.5 trillion ($0.526 trillion), on railways in China's 12th five-year plan period (2011-2015), up more than RMB 1 trillion ($0.15 trillion) compared to the RMB 2.2 trillion ($0.33 trillion) it invested in the 11th five-year plan period (2006-2010).