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09 Jan
05:45

China's railway investment recovers in 2023

Since infrastructure has continued to be a key part of boosting the economy, China’s railway investment achieved a significant growth in 2023. Annual fixed asset investment in the sector rebounded 7.5% from a nine-year low to CNY 764.5 billion ($107 billion), says China State Railway Group Co., Ltd, the investment and operating entity for railways in China. The value is also 2.1% higher than the 2021 level. These funds ensured the completion of 3,637 kilo…
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