China Railway Corporation announced that the total fixed asset investments (FAI) in China’s railways in the January-May period this year amounted to RMB 228.47 billion ($32.2 billion), up 10.8 percent year on year.
China Railway Corporation stated that it will focus on upgrading the level of railroad infrastructure connectivity, enhancing the overall functions and benefits of the railway network, and making positive contributions to consolidating and enhancing economic development.