TV BRICS – Passenger travel has become easier and economic viability has been boosted by the rail transport industry’s rapid rise in China. This is reported by CCTV+, a partner of TV BRICS.
According to official statistics, China’s investment in railway fixed assets reached 184.9 billion yuan (about US$25.81 billion) in the first four months of this year, an increase of 10.5 per cent over the same period last year.
According to the source, China is working to expand, enhance, and connect its network of railway infrastructure, fully realising the potential that these investments have to drive overall social investment.
1.37 billion passenger trips were made in the last four months, a 22.9 per cent increase over the same period last year.
