LINE

Text:AAAPrint
Economy

China planning big railway investment in 2016

1
2016-01-18 08:30Xinhua Editor: Gu Liping

China will invest 800 billion yuan (123 billion U.S. dollars) on railways in 2016, especially in the less developed central and western regions, rail authorities said on Sunday.

About 2.5 billion passengers traveled by train last year, up 10 percent for the third year running, said Sheng Guangzu, general manager of the China Railway Corp..

Non-container cargo transportation increased 18.7 percent in 2015 from the previous year and container cargo transportation rose 20.2 percent year on year.

China invested 823.8 billion yuan on railways in 2015, beating the full-year goal of 800 billion yuan, and put 9,531 km of new lines into operation, while the annual target was 8,000 km.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.