En20120724001.jpg
About us Advertisement service Contact us Into the Chinese
Home Macro-economy Steel News Raw Material Equipment & Technology Steel End-users Products
Steel News Daily
Steel End-users
China's rail freight grows faster as economy holds steady
  Release time: 2017/08/16 21:05:00  Author: 

China's rail freight volume recorded faster growth in July, the national railway operator said Wednesday.

Railways carried 246 million tons of cargo last month, up 17 percent year on year, up from a 15.5-percent growth in June, according to figures from the China Railway Corporation (CRC).

Freight by high-speed railway was up 70 percent year on year in July, the CRC said.

In the first seven months of the year, rail freight volume reached 1.7 billion tons, up 15.1 percent from a year earlier.

In July, industrial output, fixed-asset investment and consumption all posted slower expansion than in June, but electricity use saw stronger growth.

China posted GDP growth of 6.9 percent in Q2, flat with the previous quarter and above the government's annual growth target of around 6.5 percent.

To share the micro-blog:
vanitec.jpg
 
NO.26 Building, An zhenli 3th Area, Chao Yang District, Beijing. Postcode: 100029
Tel: 86-10-64441860 Fax: 86-10-64410636 Email: csteelnews@126.com
www.csteelnews.com. All Rights Reserved.