Energy Insider: China’s Railway Investment Hits Record High

Published: Jan. 6, 2026 6:34 p.m. GMT+8

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Railway fixed-asset investment hits record high in 2025

China State Railway Group Co. Ltd. (China Railway) announced that railway fixed-asset investment reached a historic high of 901.5 billion yuan ($129 billion) in 2025, a 6% year-on-year increase, though the growth rate slowed by 5.3 percentage points from 2024. The state operator disclosed at an annual work conference on Sunday that the country brought 3,109 kilometers of new lines into operation during the year, including 2,862 kilometers of high-speed tracks.

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China’s railway fixed-asset investment hit a record 901.5 billion yuan ($129 billion) in 2025, up 6%, with 3,109 km of new lines opened.
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Who’s Who

China State Railway Group Co. Ltd.: China State Railway Group Co. Ltd. (China Railway) is the state operator for China's railway system. In 2025, it achieved a record 901.5 billion yuan in fixed-asset investment and put 3,109 kilometers of new lines into operation. The company also reported a record 4.255 billion passenger trips, though this fell slightly short of their annual target.

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