FAI in China’s railway down 5.6 percent to RMB 192.3 billion in Jan-May

Wednesday, 29 June 2022 12:06:28 (GMT+3)   |   Shanghai
       

China Railway Corporation has announced that the total fixed asset investments (FAI) in railways in China in the January-May period this year amounted to RMB 192.3 billion ($28.7 billion), down 5.6 percent year on year.

In May alone, the FAI in Chinese railways totaled RMB 34.8 billion ($5.2 billion), down 20.73 percent year on year. In 2022, China plans to operate 3,300 kilometers of new railway lines, including 1,400 kilometers of high-speed railway lines.


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