Home > Steel News > Latest Steel News > FAI...

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

Thursday, 02 January 2025 10:14:37 (GMT+3) | Shanghai

China Railway Corporation has announced that the total fixed asset investments (FAI) in China’s railways in 2024 amounted to RMB 850.6 billion ($118.3 billion), up 11.3 percent year on year.

In particular, in 2024, 3,113 kilometers of new railway lines were added to the railway network, including 2,457 kilometers of high-speed railway lines.

Tags: China Far East Investments

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.

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

Eunice Ouyang

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%

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 711.7 billion in Jan-Nov, up 11.1%

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