China sees railway freight, tracks and investment increase

Time:2022-11-08 10:58:31      Source:ChinaDaily.com
China handled more freight via railway and built more rail lines in the first three quarters of the year, the national railway operator China State Railway Group said on Monday.
 
From January to September, the national railway network handled 2.91 billion metric tons of cargo, a year-on-year increase of 6.3 percent.
 
Coal made up the bulk of that cargo — about 1.1 billion tons, up 17 percent year-on-year.
 
A total of 12,000 freight train services were operated between China and Europe during that period, a 7 percent increase year-on-year. The trains carried a total of 1.18 million cargo containers, up 8 percent year-on-year.
 
A total of 555,000 cargo containers were transported via rail-sea intermodal trips along the New Western Land-Sea Trade Corridor, a year-on-year growth of 22 percent.
 
In addition, more railway lines were opened and more investment was made in railway construction to help stabilize the economy.
 
During the first three quarters, China invested 475 billion yuan ($65 billion) in railway fixed assets. About 238 billion yuan was spent in remote and poor areas.
 
At the same time, several new railway lines with a total length of 2,381 kilometers were opened, 1,198 km of which were designated for high-speed trains.
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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