Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China's rail freight volume grows at faster pace

Xinhua | Updated: 2018-09-03 13:46
A railway container center in the Sichuan-Pilot Free Trade Zone in Chengdu. [Photo/Xinhua]

BEIJING - China's railway freight volume, an indicator of the broad economic activity, expanded at a faster pace in the first seven months of this year.

Railways carried a total of 2.29 billion tonnes of cargo during the January-July period, up 7.9 percent from one year earlier, according to data from the National Bureau of Statistics.

The growth accelerated from the 7.7 percent rise registered in the first half (H1) and 7.2 percent increase for January-May period.

In July alone, railway freight climbed 8.7 percent year-on-year to 337.12 million tonnes.

Rail, road, water, and air carried a total of 27.54 billion tonnes of cargo in the first seven months, up 6.8 percent year-on-year.

The data added to a series of indicators that showed resilience in the economy. The country's economy recorded a strong growth of 6.8 percent in H1, on track to achieve the government's annual target of around 6.5 percent for 2018.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US