FIXED-asset investment in China's railways increase by 6.3% year-on-year in the first four months of 2023, data from China Railway (CR) shows.

The country’s railways saw a total investment of Yuan 167.4bn ($US 23.8bn) in the first four months of the year, pushing forward the construction of infrastructure in the country at an accelerated pace.

Project highlights include the completion of track laying for the Tianjin - Beijing Daxing International Airport line, along with track laying for the high-speed line linking Nanchang, capital of Jiangxi province, with Huangshan in Anhui province.

Tests were also carried out on a section of the new high-speed link between Guiyang in central China and the city of Nanning in the southeast.

Earlier data showed that CR’s revenue jumped 18.2% year-on-year during the first quarter to Yuan 271.9bn.

For detailed data on rail projects in China and around the world, subscribe to IRJ Pro.