The Chinese Railway Administration announced that the RMB 406 billion ($ 64,2 billion) budget allocated for railway construction in China this year will increase by RMB 90 billion ($ 14,2 billion) to RMB 496 billion ($ 78,4 billion). As Steelorbis previously reported, the Chinese Railway Administration announced in January-August this year that RMB 88,7 billion ($ 13,7 billion) was invested in China for railroad construction, down 227,8B billion ($ 36 billion). In the rest of this year, an increase in railway construction investments is expected in China. Towards the end of the year, there is an explosion in China's railway construction activities.
Source : www.steelorbis.com.t is