China increases investment for railway construction

China increased its investment in railway construction by 25,7%: According to a statement by China Railway Corporation (CR), fixed asset investments in China's railways in the first six months of the year increased by 21,5% or RMB 38,18 billion in the previous year. Reached RMB 215,93 billion ($ 35 billion) .In the January-June period, investments in railway construction in China increased by 25,7 percent year on year to RMB 186,97 billion ($ 30 billion), 2013 percent of the 35,96 target, It corresponded to XNUMX of them.

According to an earlier statement by the China Railway Corporation, China set a target of RMB 2013 billion ($ 650 billion) as a fixed asset investment in railways in 105. Of this amount, RMB 520 billion ($ 84 billion) is fixed asset investments in railway construction.

In June alone, fixed asset investments in railway construction in China increased by 18,1 percent month on month and 26,5 percent year on year to RMB 54,69 billion ($ 8,9 billion).

 

 

 

 

 

Armin

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