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China's rail freight transport up 3.6% in H1

2020-07-13    Author:   Source:www.langesteel.com   Views:311    


China's rail, Fastener Expo Shanghai, International Fastener Show China

A China-Europe freight train pulls out of Alataw Pass in northwest China's Xinjiang Uygur Autonomous Region, April 12, 2020. (Xinhua/Sadat)


China's rail freight transport volume, an indicator of broad economic activity, rose 3.6 percent year-on-year in the first half of the year, a sign of recovery from the COVID-19 shock, official data showed Saturday.

The country's state-operated railways carried 1.69 billion tonnes of cargo in the first six months, the China State Railway Group Co, Ltd said.

During the January-June period, revenues from the rail freight transport dipped 4.2 percent from the previous year to 187.7 billion yuan ($26.9 billion).

In June alone, the average daily rail freight volume exceeded 10 million tons, the highest daily average level in a month since the beginning of this year, the company said.


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