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Railway investment up 1.9% in H1

China's railway investment increased in the first half of the year and national railway investment is expected to hit a new high in 2017, authorities said on Wednesday. In the first half, fixed asset investment on railways hit 312.5 billion yuan ($45 billion), up 1.9 percent year-on-year, according to the China Railway Corp. "Investment is expected to hit a new high for the whole year, as construction in the second half year will rise as new projects get underway," said Wang Mengshu of the China Academy of Engineering. Scheduled progress has been made in 27 major projects, including the Beijing-Shenyang passenger line and the Hangzhou-Huangshan high-speed line, CRC said. More lines will be started in the second half, including a high-speed line between Anqing and Jiujiang and a line between Huanggang and Huangmei.