2022 Km of New Railroad Put into Service in the First Three Quarter of 2.300 in China

The First Three Quarter Km Railway of the Year in Cinde was put into service
2022 Km of Railway Entered Service in the First Three Quarter of 2.300 in China

According to the financial statements for the first three quarters of 2022 announced yesterday by the China National Railway Group, the fixed asset investment in the railway reached 475 billion yuan across the country, while the length of the newly put into service reached 2 thousand 381 kilometers.

The data showed that the amount of goods transported by rail increased by 6,3 percent on an annual basis in the first quarter of the year, reaching 2 billion 921 million tons.

According to the data, the total operating income of China National Railway Group in the same period reached 782 billion 300 million yuan, while a loss of 94 billion 700 million yuan in net profit.

Again in the same period, the number of China-Europe freight train services reached 7 thousand with an increase of 12 percent compared to the same period of the previous year, and 1 million 180 thousand TEU of goods were transported with these flights. The amount of goods transported in the International Land-Sea Trade Corridor increased by 22 percent on an annual basis and reached 555 thousand TEU.

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