China's fixed-asset investment in railways hits 43.9 bln yuan in Jan.-Xinhua

China's fixed-asset investment in railways hits 43.9 bln yuan in Jan.

Source: Xinhua

Editor: huaxia

2025-02-10 19:04:15

An aerial drone photo shows a train passing through the Yuandang Lake section of the Shanghai-Suzhou-Huzhou high-speed railway on Dec. 26, 2024. With a designed speed of 350 km per hour and eight stations, the Shanghai-Suzhou-Huzhou high-speed railway spanning 164 km links Shanghai Hongqiao Station with the city of Suzhou City in Jiangsu Province and Huzhou City in Zhejiang Province. (Xinhua/Xing Guangli)

BEIJING, Feb. 10 (Xinhua) -- China's fixed-asset investment in railways was 43.9 billion yuan (about 6.12 billion U.S. dollars) in January this year, data from the China State Railway Group Co., Ltd. showed Monday.

The figure is up 3.7 percent compared with the same period last year, the group said.

During this period, a batch of major projects, including the Chengdu-Chongqing central line high-speed railway, were advanced, according to the group.

In 2024, fixed-asset investment in railways totaled 850.6 billion yuan, up 11.3 percent, according to the group.

By the end of 2024, the operating mileage of the railway network reached 162,000 kilometers, including 48,000 km of high-speed railways.

Newly built railways hit 3,113 km last year, including 2,457 km of high-speed railways. 

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