China Railway Corporation (CRC) has announced that total fixed asset investments (FAI) in China’s railways in the January-March period this year amounted to RMB 137.9 billion ($20.0 billion), up 5.1 percent year on year.
CRC said it will push forward major railway construction projects under the 15th Five-Year Plan, rationally coordinate construction resources, ensure project quality and maximize the economic boost from railway investments.