The hottest railway investment slowed down at the

Railway investment slowed down at the end of 2016 and is still expected to break the record throughout the year

railway investment slowed down at the end of 2016 and is still expected to break the record throughout the year

China Construction machinery information

from January to November 2016, China Railway Corporation (hereinafter referred to as China Railway Corporation) completed a fixed asset investment of 699.909 billion yuan, an increase of 28.263 billion yuan over the same period last year, an increase of 4.2% year-on-year. China Railway General Administration recently released the completion of major indicators of national railway in 2016, which disclosed the above information

although fixed asset investment still maintained growth, the year-on-year growth rate slowed significantly. According to Caixin, the national railway fixed asset investment has increased by an average of about 8% since April 2016, with a year-on-year increase of 9.8% in September. A person from China Railway told Caixin, "in recent years, the annual investment of the railway has been low in the front and high in the back. The situation in 2016 is relatively special. Although the growth rate of investment slowed down in November, there is no suspense about completing the tasks of the whole year."

the person said that the railway fixed asset investment in 2016 is planned to complete more than 800billion yuan, that is, China Railway Corporation can complete the task as long as it completes the fixed asset investment of 100billion yuan in December. Although the investment growth slowed down in November, the investment of 100billion yuan is not a problem for China Railway Corporation. "The current focus is on whether the investment amount in 2016 is likely to set a new record." He said

the total annual fixed asset investment peak of China Railway was 842.652 billion yuan in 2010. In other words, in December 2016, the total fixed asset investment of China Railway will exceed 142.743 billion yuan, which will break the record. From 2012 to 2015, the fixed asset investment of China Railway (formerly the Ministry of Railways) in December was 124.011 billion yuan, 152.4 billion yuan, 192.537 billion yuan and 240 billion yuan respectively

the national railway fixed asset investment has increased for four consecutive years. From 2012 to 2015, the national railway fixed asset investment completed 630.980 billion yuan, 663.8 billion yuan, 808.8 billion yuan and 823.8 billion yuan respectively

at the same time, the richness of the national railway bridge bearing capacity has been greatly reduced, and the decline in the total volume of small road freight transportation has narrowed for nine consecutive months. In 2016, the national railway freight transportation completed 2.403 billion tons, with a year-on-year decline from 12.3% in the first two months of 2016 to the current 3.3%. The rebound in freight volume was particularly evident in the second half of the year

the improvement of railway freight volume is directly related to the recent sharp increase in coal transportation demand. Since October 2016, the tense situation of coal transportation capacity has been staged in many places in northern China. According to the total data of China Railway, the national railway coal transportation volume completed 170 million tons in October, with a year-on-year increase of 1059. Xinjiang is the largest cotton and tomato planting area in China, with 10000 tons, an increase of 6.6%; In the first week of November, the coal transportation volume reached nearly 40million tons, with a year-on-year increase of 10.2%. China's railways reproduce the phenomenon of "one car is hard to find" in coal transportation

guoyuhua, deputy director of China Railway General Transportation Bureau, said at the National Coal Trade Fair held on December 1 that the freight capacity of other transportation channels has become saturated and the railway transportation is in an all-round emergency, except for the main transportation channels such as the Daqin line, which are free to a certain extent. He also predicted that the overall railway capacity will be partially loose and tight in the future

China Railway chief also told Caixin that the rebound in freight volume is expected to continue based on the current freight transportation situation. China Railway strives to achieve the national railway single month plan in 2017, and achieve the double growth of freight volume and cumulative freight volume by 2030, ending the four-year decline in freight volume

since March, 2013, the supply of railway goods has remained depressed. From 2015, the national railway freight volume began to show an accelerated downward trend, reaching a maximum decline of 12.3% by February 2016