Xinhua quoted the Ministry of Railways said China total volume of railway freight transportation in January to August was 2.17 billion tonnes down 2.9%YoY.

The ministry said the decline rate of freight transportation in January to August was 0.4 percentage points less than that in the January to July. In the H1 of the year the decrease rate was 4%. Meanwhile, total passenger transportation numbers stood at 1.05billion in January to August up by 5.3%YoY.

Data from the MOR also showed total investment in railway construction surged to CNY 294.12 billion in January to August rocketing up by 113.9%YoY in the wake of the CNY 4 trillion stimulus package announced by the central government last November to boost the country economy.

(Sourced from Xinhua)