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Railway freight volume increases in November

Railway freight volume, an indicator of broad economic activity in the nation, expanded at a faster pace in November, official data showed on Tuesday. Railways carried a total of 350 million metric tons of freight in November, up 14 percent from a year earlier, according to the National Bureau of Statistics. The growth accelerated from the 10.1-percent rise seen in October. In the first 11 months, railway freight totaled 3.68 billion tons, up 8.7 percent year-on-year. The data, added to a series of indicators, show resilience in the economy. The economy recorded strong growth of 6.7 percent in the first three quarters, on track to achieve the government's annual target of around 6.5 percent for 2018.

Raw coal output growth remains stable at 4.5%