China's Ministry of Railways has stated that in the first half of the current year fixed asset investment in Chinese railways amounted to RMB 177.751 billion ($28.125 billion), down RMB 100.365 billion ($15.881 billion) or 36.1 percent on a year-on-year basis. In June alone, fixed asset investment in domestic railways totaled RMB 48.097 billion ($7.61 billion), with RMB 43.226 billion ($6.84 billion) invested in actual railway construction.
In the first five months of the current year, fixed asset investment in Chinese railways respectively totaled RMB 12.282 billion ($1.943 billion), RMB 17.65 billion ($2.792 billion), RMB 29.707 billion ($4.70 billion), RMB 29.954 billion ($4.74 billion) and RMB 40.1 billion ($6.345 billion).