FAI in China’s railways totals RMB 711.7 billion in Jan-Nov, up 11.1%

Tuesday, 10 December 2024 10:23:27 (GMT+3)   |   Shanghai

China Railway Corporation has announced that the total fixed asset investments (FAI) in China’s railways in the January-November period this year amounted to RMB 711.7 billion ($99 billion), up 11.1 percent year on year.

The construction of a modernized railway infrastructure system has been promoted in China, with railway investments playing a role in effectively driving overall investments in the country.

EuniceOuyang
Eunice Ouyang
Editor

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

Similar articles

Investments of RMB 130.31 billion made in major projects in Shanghai in H1 2026

Shougang Jingtang signs new galvanizing line furnace contract with Fives

Baosteel improves export share to 12%, focuses on expansion in plates including overseas

FAI in China’s railways totals RMB 43.9 billion in January, up 3.7%

FAI in China’s railways totals RMB 850.6 billion in 2024, up 11.3%

China Life Insurance invests RMB 10.5 billion in Ansteel Group's subsidiaries, Benxi Steel and Panzhihua Mining

Masteel to invest RMB 1.0 billion to set up wholly-owned subsidiary

Xinxing Cathay International Group to increase stake in Xinxing Ductile Iron Pipes

FAI in China’s railways totals RMB 635.1 billion in Jan-Oct, up 10.9%

China’s real estate investments down 10.3 percent in January-October