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Industry

China railway fixed-asset investment exceeds RMB110 bln in Sept.

October 23, 2018


Abstract : China has completed some 572.289 billion yuan of railway fixed-asset investment in the first nine months of 2018 out of which more than 110 billion yuan of investment was made in September, according to data by China Railway (CR).

铁路

BEIJING, Oct. 23 (Xinhua) -- China has completed some 572.289 billion yuan of railway fixed-asset investment in the first nine months of 2018, out of which more than 110 billion yuan of investment was made in September, according to data by China Railway (CR).

The figure is 461.2 billion yuan for the first eight months this year, completing about 63 percent of the investment target set for the whole year.

China plans some 732 billion railway fixed-asset investment for 2018, putting 4,000 kilometers of new rail lines into use which include 3,500 kilometers of high-speed rail. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: railway

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