Economy Politics Country 2026-04-13T04:59:53+00:00

China Makes Significant Progress in Railway Construction in Q1

China National Railway Group announced high-quality and efficient railway construction in Q1. Fixed asset investments reached 137.9 billion yuan, a 5.1% year-on-year increase. China continues to advance national projects, with over 2,000 km of new lines planned for operation by 2026.


China Makes Significant Progress in Railway Construction in Q1

China National Railway Group announced that railway construction in the country has made significant progress with high quality and efficiency in the first quarter of this year. According to Xinhua, China Railway completed fixed asset investments of 137.9 billion yuan (about 20.09 billion US dollars) in the first three months, an increase of 5.1% year-on-year. A series of major railway projects have made great progress since the beginning of the year, including the Xi'an-Xi'an high-speed railway and the Shandong section of the Xiong'an-Shangqiu high-speed railway. China will continue to advance major national railway projects in 2026, with over 2,000 kilometers of new national railway lines to be put into operation. The company aims to implement the key railway construction tasks specified in the 15th Five-Year Plan (2026-2030), and will enhance the use of railway construction to support the expansion of domestic demand and economic growth.