Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
China invests 77.4 bln yuan in fixed-assets for railway projects
+ -
11:27, July 17, 2007

 Related News
 Chinese railways carry more passengers, freight in first half
 Comment  Tell A Friend
 Print Format  Save Article
China's railway sector invested 77.4 billion yuan (10.2 billion U.S. dollars) in fixed assets in the first half of this year, a year-on-year increment of 1.1 billion yuan, or 1.5 percent, sources with the Ministry of Railway said on Tuesday.

In comparison, input in capital construction went down 1.1 billion yuan, or 1.7 percent, to 61.1 billion yuan in the six-month period.

The sources said the slight decline indicated more efforts had been shifted to upgrading projects since the beginning of this year.

The sector launched its sixth speed boom on April 18, which helped boost trains' speed to 200 kilometers per hour on upgraded tracks. The upgrading projects cost 26 billion yuan in total, or four million yuan for every kilometer of the tracks revamped.

Source: Xinhua

  Your Message:   Most Commented:
Ambassador reviews Germany-China relations
President Hu vows to remain committed to "one country, two systems" principle
CPC full of vigor and vitality
Chinese leader urges college united front members to make more contribution
China's trade surplus expected to exceed 100 bln USD in first half

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved