Fixed capital investments in the railway sector in China to be RMB 2012 billion in 630

According to the statement made by the Chinese Railway Administration, fixed capital investments in the railway sector in China will reach RMB 630 billion ($ 99,5 billion) this year.

According to data released by the Chinese Railway Administration, fixed capital investments in the rail sector in China this year were recorded as RMB 92,7 billion ($ 52,7 billion) in September, up 73 percent year on year, up 11,5 percent month on month. In the January-September period, fixed capital investments in the railway sector in China were recorded as RMB 15,8 billion ($ 344,2 billion), down 543,7 percent year on year. $) It is aimed to reach half of the fixed capital investment target, and investments in railways in China are expected to contribute to the economy.

Source: StellOrbis

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