China's railway investment remains stable in Jan.-Aug.

0 Comment(s)Print E-mail Xinhua, September 18, 2019
Adjust font size:

BEIJING, Sept. 18 (Xinhua) -- China's railway investment maintained generally stable in the first eight months of this year, according to official data.

Fixed-asset investment in railways totaled 449.6 billion yuan (about 63.6 billion U.S. dollars) in the January-August period, basically equal to the same period of last year, said Meng Wei, spokesperson of the National Development and Reform Commission.

China will steadily advance the construction of ongoing projects and start to construct a batch of new projects to fulfill the annual investment target, according to Meng.

A new high-speed railway linking southwest China's Chongqing Municipality and Kunming, capital city of Yunnan Province, has been approved this month, involving a total investment of 141.6 billion yuan.

China plans to expand infrastructure investment in 2019, including 800 billion yuan in railway construction, according to a government work report. Enditem

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter