BEIJING: China has scaled up investment in railway construction since the beginning of the year, Xinhua reported, citing data from the country’s railway operator.
During the January-May period, fixed-asset investment in the country’s railway sector reached 228.47 billion yuan (about US$32.12 billion), marking a 10.8-percent increase from the same period last year, according to China State Railway Group.
The investment volume expanded from 184.9 billion yuan in the first four months of this year.
Source: Emirates News Agency