Railways Achieve Fixed Asset Investment of RMB 432 Billion in First Eight Months

?Published:2023-10-03 ?【字體:??

     Recently, it was reported by CR that in the first eight months of this year, the national railways achieved a fixed asset investment of RMB 432 billion, an increase of 7.2% compared to the previous year. China’s railways are expected to put into operation over 3,000 kilometers of new lines this year, including 2,500 kilometers of high-speed railways, accelerating the construction of a modernized railway infrastructure system.

  Some projects have already been completed and put into operation. The Xining-Golmud section of the Qinghai-Tibet Railway has completed its improvement project and launched its first EMU trains. The Lanzhou-Xining section of the Lanzhou-Urumqi High Speed Railway has completed its transformation and achieved high-standard operation with a speed of 250 kilometers per hour. The entire 482-kilometer Guiyang-Nanning High Speed Railway is open for operation, with a maximum daily passenger flow of up to 11,000 at the Libo Railway Station.

  Several railway projects are about to commence operation. The Shanghai-Nanjing High Speed Railway, the Fuzhou-Xiamen-Zhangzhou High Speed Railway, and the Qingbaijiang-Zhenjiangguan section of the Sichuan-Qinghai Railway have all entered their trial operation phases and will soon be open for operation. The Shandong section of the Jinan-Zhengzhou High Speed Railway, the Nanchang-Jingdezhen-Huangshan High Speed Railway, and the Tianjin-Daxing Airport Railways, among other projects, have begun integrated testing and commissioning. Construction of several projects, including the Lijiang-Shangrila section of the Yunnan-Tibet Railway, the Xuyong-Bijie Railway, and the Longyan-Wuping section of the Longyan-Longchuan High Speed Railway, are also nearing completion.

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