Caixin
Dec 06, 2018 07:53 PM
BUSINESS & TECH

China Railway Corp. Signals Sustained Growth Ahead

A freight train arrives at the cargo yard of the Lhasa West railway station in the Tibet autonomous region on June 13. Photo: VCG
A freight train arrives at the cargo yard of the Lhasa West railway station in the Tibet autonomous region on June 13. Photo: VCG

The quantity of freight moved by rail in China is expected to increase by 9.6% to 3.2 billion metric tons (3.53 U.S. tons) this year exceeding targets, a top executive at China Railway Corp. (CRC) said.

That was 80 million metric tons more than the goal for the year, said Zhao Jun, the director of the freight division at CRC — the nation’s monopoly railway operator — on Wednesday.

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