China Spent 820 Bln Yuan on Rail Infrastructure This Year

(Beijing) – China invested 820 billion yuan in railroad infrastructure in 2015, bringing the total investment for the last five years to more than 3.5 trillion yuan, data released by the China Railway Corp. (CRC) on December 30 show.

The annual figure included both government and private investments, an official from the CRC said. He said the firm would announce the breakdown before Spring Festival, the holiday also known as Chinese New Year, which begins on February 8.