Fixed-asset investment in China’s railways expanded 6.9 percent in the first six months of this year as the country steadily advanced railroad construction, industry data showed.
Total fixed-asset railway investment came in at 304.9 billion yuan (about 42.3 billion U.S. dollars), data from China State Railway Group Co., Ltd. showed.
The group said it has intensified efforts to build a modern railway infrastructure system, and progress has been achieved across several key projects during the reporting period.
