On August 16, China's Ministry of Railway released the main figures about the national railway network during the first seven months this year. According to the data, China's fixed-asset investment in railways totaled RMB 281.7 billion (US$41.2 billion) in the January-July period, up 110.6 percent year on year.
In addition, China's total railway freight volume in the first seven months amounted to 1.88 billion mt, down 3.3 percent compared with the same period last year.