National railway fixed asset investment over-completed in the first half of the year
Aug 20, 2020
According to the official WeChat account of China National Railway Group Co., Ltd., since the beginning of this year, the National Railway Group has conscientiously implemented the central government’s decision and deployment on the overall promotion of epidemic prevention and control and economic and social development, and has taken the promotion of railway construction as a “six stability” work and implementation. It is an important measure of the "six guarantees" mission to strive to overcome the adverse effects of the epidemic, increase the organization of railway construction, and exceed the railway investment target tasks.
It is reported that in the first half of the year, the national railway fixed asset investment completed 325.8 billion yuan, exceeding 3.8 billion yuan in the same period last year, an increase of 1.2% year-on-year, of which the national railway infrastructure investment completed 245.1 billion yuan, an increase of 3.7%; as of July 1, the new line Opened 1,178 kilometers, including 605 kilometers of high-speed rail.
At the same time, a number of key projects such as the Yinchuan-Xi’an high-speed rail, the Hebei section of the Beijing-Xiongan New Area intercity railway, the Hefei-Anqing high-speed rail, and the Huai’an-Zhenjiang railway, which are scheduled to be opened in the second half of this year, are proceeding in an orderly manner. They will be opened on schedule and are expected to open this year. The new railway line is about 4400 kilometers, of which the high-speed railway is about 2,300 kilometers.
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