04.15.2013 16:59

Railway Investment Rises in Q1

Nearly 55 billion yuan spent on new lines in first three months, up 28 percent year on year
By staff reporter Lu Bingyang

(Beijing) – Investment in railway infrastructure in the first quarter rose more than one-fourth on the same period last year, a source at the new China Railway Corp. said.

Some 54.5 billion yuan was invested in new lines in the first quarter, the source said, up 28 percent compared to the same period in 2012. Some 29.4 billion yuan was spent in March.

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