China Railway Corporation has announced that the total fixed asset investments (FAI) in Chinese railways in the January-July period this year amounted to RMB 371.3 billion ($52.0 billion), up 7.0 percent year on year.
As of July 31 this year, 77.83 percent of “eight vertical and eight horizontal” high-speed railway networks has been completed and put into operation, with the overall length of railway lines reaching 35,300 kilometers.
$1 = RMB 7.1576
