Trade Resources Economy China's Overall Fixed Asset Investments in Its Railways Totaled RMB 630.98 Billion

China's Overall Fixed Asset Investments in Its Railways Totaled RMB 630.98 Billion

China’s overall fixed asset investments in its railways totaled RMB 630.98 billion ($110.6 billion) in 2012, up seven percent compared to RMB 589.73 billion ($93.9 billion) in 2011, according to the figures issued by China’s Ministry of Railways on January 21.

Last year, investment in actual construction of railways in China amounted to RMB 518.51 billion ($82.6 billion), increasing by 12.7 percent year on year. In 2011, investment in actual construction of railways in China had totaled RMB 460.12 billion ($73.3 billion).

Source: http://www.steelorbis.com/steel-news/latest-news/overall-fixed-asset-investment-in-chinas-railways-up-7-in-2012-736585.htm
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Overall Fixed Asset Investment in China’S Railways up 7% in 2012
Topics: Construction