China invests 113 billion dollars in railways

China invests 113 billion dollars in railways

China's national railway operator announced that the country plans to invest $732 billion in the railway in 2018, the lowest investment since 2013. China Railway Corp presented this information through its publication, the People's Railways Network. The country, which has invested 801 billion of you in assets [...]

China's national railway operator announced that the country plans to invest $732 billion in the railway in 2018, the lowest investment since 2013.

China Railway Corp presented this information through its publication, the People's Railways Network.

The country, which has invested 801 billion euros in railway assets in 2017, has set an annual target of 800 billion yen in the past four years. In 2013 the target reached 660 billion of them.

The company announced that this year it plans to build 4,000km of new lines, out of which 3,500km will be the high-speed railway.

 

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