Beijing OCEPO Beijing OCEPO

2022 Olympic Winter Games in Beijing:

strong technical force
Home > News

In the first half of the year, the national railway fixed asset investment exceeded the completion

Jul 08, 2020

According to the official micro signal of China National Railway Group Co., Ltd., since this year, the National Railway Group has seriously implemented the central government's decision-making and deployment of comprehensively promoting epidemic prevention and control and economic and social development, and regards the promotion of railway construction as a "six stability" work. An important measure of the "six guarantees" task, strive to overcome the adverse effects caused by the epidemic, increase the organization of railway construction, and exceed the target of railway investment.


It is reported that in the first half of the year, the national railway fixed assets investment was 325.8 billion yuan, 3.8 billion yuan over the same period last year, an increase of 1.2% year-on-year, of which the national railway infrastructure investment was 245.1 billion yuan, an increase of 3.7% year-on-year; as of July 1, the new line 1,178 kilometers were opened, including 605 kilometers of high-speed rail.


Affected by the epidemic, railway investment in the first quarter was only 79.9 billion yuan, down 21% year-on-year. In the second quarter, the implementation of the central government's resumption of production and "six stability" and "six guarantees" decision-making and deployment, the China Railway Group increased the railway investment plan, strengthened the implementation of construction projects under construction, completed investment of 245.9 billion yuan, an increase of 11.4% year-on-year Among them, infrastructure investment was 179.7 billion yuan, a year-on-year increase of 16.4%. While exceeding the investment plan, it made up for the deficit of the first quarter investment and realized the contrarian growth of railway investment.

Previous: Xugongdi’s wall-connected equipment crosses the “difficult river tunnel”

Next: How will the second half of China's economy go in 2020?

Rogers