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China’s rail freight up

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China’s rail freight volume, an indicator of economic activity, registered healthy growth in the first four months of 2018.

Railways carried 1.29 billion tonnes of cargo in the Jan.-April period, up 6.1 percent from a year earlier. In April, rail freight volume was up 1.4 percent year on year to 305.5 million tonnes.

Steady growth in rail freight transportation served as a further sign of encouraging economic momentum.
China’s investment in railways reached 141 billion yuan (about 22.1 billion U.S. dollars) in the first four months, a 8.6-percent decrease.