China's railway fixed asset investment up 5.4 percent year-on-year in January-February

March 11, 2026
China News Network
1451
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Highlights at a glance
In the first two months of 2024, China's railway fixed asset investment maintained a growth trend. The national railway investment was 72.2 billion billion yuan, an increase of 5.4 percent over the same period last year. China National Railway Group Co., Ltd. actively serves the national strategy, gives full play to the driving role of railway construction on the economy, and uses the "two-fold" support policy to organize 46 key projects and more than 570 work sites to continue construction during the Spring Festival holiday, with more than 38000 builders sticking to the front line and quickly promoting the resumption of work and production after the holiday. A number of key projects have made remarkable progress: some sections of Jinhua-Jiande high-speed railway have been put into operation, Shandong section of Beijing-Xiongshang high-speed railway has entered static acceptance, Xiongxin high-speed railway has entered the track-laying stage, Xikang high-speed railway has been completed, Chongqing-Kunming high-speed railway bridge project has been completed, and the control project of West-Chongqing high-speed railway has also been steadily advanced. In the next step, the State Railway Group will continue to accelerate the construction of a modern railway network, improve the efficiency of the road network, play an investment-driven role, and provide support for expanding domestic demand and promoting high-quality development.
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