Economy > Investment

China likely to invest over RMB2.8 trln in railway sector in 2016-2020

BEIJING
2015-11-30 20:38

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China's total investment in the railway sector is likely to exceed 2.8 trillion yuan in the years between 2016 and 2020, according to the draft five-year development plans of the country's various localities, quoted by the Xinhua-run Economic Information Daily.

Inter-city rail lines and railway projects in China's central and western areas will be the key tasks for railway development in the next five years, analysts say.

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