China’s investments in railway transportation continue to show impressive growth, this is reported by the railway transport news portal Railway Supply.

Investments in railway transport

In the first 11 months of 2023, capital investments in the railway sector increased by 7.4%, reaching 640.7 billion yuan (approximately $90 billion).

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This substantial financial achievement is directed towards expanding the network, with the total length of Chinese railways surpassing 155.5 thousand kilometers as of November 2023.

Special attention is given to the construction of high-speed rail lines. A key project is the high-speed railway connecting Jinan and Zhengzhou, demonstrating a commitment to improving connectivity between important regions.

Additionally, work has commenced on the Yan’an-Yulin high-speed rail and the Huangkai-Baise railway.

China State Railway Group Co. Ltd. emphasizes the importance of maintaining high investment levels to enhance the country’s railway infrastructure.

This approach also stimulates demand and contributes to the development of rolling stock, including high-speed trains.

News of financial investments in the railway sector continues to underscore the strategic importance of developing transportation infrastructure for China’s economic growth.

Photo: crrcgc.cc/sfgfen

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