The size of China's railway aftermarket is expected to reach 200 billion yuan in 2020, underpinned by strong exports of railway equipment and vigorous investment in railway networks in the coming five years, said analysts.
The railway aftermarket is chiefly composed of trade activities involving railway rolling stock accessories and related equipment for maintenance, monitoring and inspection.
In the first ten months of 2015, exports of railway rolling stock accessories stood at 5.1 billion yuan, a sharp rise of 93.38 percent year on year, according to data provided by cnii.com.cn.
China's railway network in service extended to 112,000km in 2014, second only to the United States, data from the National Bureau of Statistics show.
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