In the January-April period this year, total fixed asset investments (FAI) in China’s railways amounted to RMB 159.7 billion ($24.9 billion), up 8.1 percent year on year, 21.2 percentage points slower compared to the increase recorded in the first three months this year, as announced by China's Ministry of Transportation (MOT).
As previously reported by SteelOrbis, the MOT plans to add 3,000 kilometers of newly-built railways in the next three years.