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FAI in China’s railways amounts to RMB 371.3 billion in January-July

Thursday, 10 August 2023 10:19:04 (GMT+3)   |   Shanghai

China Railway Corporation has announced that the total fixed asset investments (FAI) in Chinese railways in the January-July period this year amounted to RMB 371.3 billion ($52.0 billion), up 7.0 percent year on year.

As of July 31 this year, 77.83 percent of “eight vertical and eight horizontal” high-speed railway networks has been completed and put into operation, with the overall length of railway lines reaching 35,300 kilometers.   

$1 = RMB 7.1576


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