BEIJING, 12th June, 2024 (WAM) -- China has scaled up investment in railway construction since the beginning of the year, Xinhua reported, citing data from the country's railway operator.
During the January-May period, fixed-asset investment in the country's railway sector reached 228.47 billion yuan (about US$32.12 billion), marking a 10.8-percent increase from the same period last year, according to China State Railway Group.
The investment volume expanded from 184.9 billion yuan in the first four months of this year.