USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

China's railway freight sees steady growth in H1

Xinhua | Updated: 2017-07-28 15:10

BEIJING - China's railway freight volume grew steadily in the first half of the year, adding to signs of robust economic activity.

Rail freight rose 15.3 percent year on year in the January-June period to 1.82 billion tons, the National Development and Reform Commission said Friday.

In June, the volume increased 16.3 percent, an 11th consecutive monthly rise.

Rail freight, electricity consumption and lending are important indicators of economic strength. China's rail freight returned to a gaining streak last August after a six-month decline. Overall, it fell 0.8 percent year on year in 2016.

The country posted forecast-beating economic growth in H1, with GDP at 6.9 percent.

Most Viewed in 24 Hours
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