36.2% year-on-year increase in China's rail passenger trips in Jan-Feb 2024, reaching 693.14 million.
China's rail passenger trips surged 36.2% year-on-year in Jan-Feb 2024, with a total of 693.14 million trips recorded, according to the Ministry of Transport. Rail freight volume, a key economic indicator, dipped 0.5% to 805.87 million tonnes. Fixed-asset investment in railways reached 65.2 billion yuan (approx. $9.19bn), a 9.5% increase year-on-year.
March 26, 2024
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