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05 Jan
03:29

Chinese 2016 railway investment completions decrease slightly

China has completed CNY 801.5 billion ($115.26 billion) in railway investment in 2016, according China Railway. China plans to invest CNY 2.8 trillion on railway construction over 2016-2020, and 2017 will see around another CNY 800 billion of investment despite a slightly shorter length of new lines completed, Kallanish notes. Lu Dongfu, the general manager of China Railway, has reported to its working conference that in 2016 China has completed CNY 801.5 billio…
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