Briefly

China's rail freight volume on the rise

China's rail freight volume, a key indicator of economic activity, went up 4.4 percent year-on-year in 2022, data from the Ministry of Transport showed. Over 4.98 billion metric tons of cargo were transported by China's railways last year, 211 million tons more than in 2021, according to a report released by the ministry. Total turnover of China's rail cargo transportation topped 3.59 trillion ton-kilometers in the same period, rising 8.1 percent on a yearly basis, the data revealed. China's rail freight volume climbed 2.3 percent year-on-year to 970 million tons in the first quarter of 2023.

Medical insurance fund income up

The income of China's basic medical insurance fund reached 1.14 trillion yuan ($160 billion) in the first four months of the year, up 8.1 percent year-on-year, according to data released by the National Healthcare Security Administration. The income of basic medical insurance covering employees, self-employed people and retirees exceeded 743.5 billion yuan in the first four months, 13.6 percent higher than in the same period last year.

Xinhua - China Daily