Railway investment bottomed out and rebounded, with 764.5 billion yuan of railways across the countr

Mondo Social Updated on 2024-02-01

Reporter Lu Bingyang reports from Beijing.

After three consecutive years of decline, the investment in railway fixed assets has finally been reduced. In 2023, the national railway will complete the investment in fixed assets of 764.5 billion yuan, a year-on-year increase of 75%。On January 9, 2024, China State Railway Group *** hereinafter referred to as "China Railway Group") held a working meeting on the whole road to reveal the above information.

Railway fixed asset investment showed a significant growth rate in the last month of 2023. In December 2023, railway investment reached 123.8 billion yuan, a year-on-year increase of 812%, an increase of 81 month-on-month79%。In 2023, the average monthly investment in railway fixed assets will be 6370.8 billion yuan, the investment amount in December was nearly twice the average monthly investment. It is also the high investment in December 2022 that made the annual investment in fixed assets finally exceed the 760 billion yuan mark and complete the annual task.

Rail investment in 2023 is the highest in nearly three years. From 2021 to 2022, the railway investment will be 748.9 billion yuan and 710.9 billion yuan respectively. However, compared with the scale of investment in the past 10 years, the amount of railway investment in 2023 will only rank eighth. From 2014 to 2020, the railway investment was 808.8 billion yuan, 823.8 billion yuan, 801.5 billion yuan, 801 billion yuan, 802.8 billion yuan, 802.9 billion yuan and 781.9 billion yuan respectively.

In 2023, 3,637 kilometers of new railway lines will be put into operation across the country, a year-on-year decrease of 1129%, of which 2,776 kilometers of high-speed rail, an increase of 3333%;By the end of 2023, the operating mileage of railways in the country will reach 1590,000 kilometers, including 4 high-speed rail50,000 km.

In 2023, China Railway Group plans to put into operation more than 3,000 kilometers of new lines, including 2,500 kilometers of high-speed rail, and the railway construction task will be overfulfilled in 2023.

Regarding the railway construction task in 2024, China Railway Group has not yet given the annual railway fixed asset investment task, and only said that it has fully completed the national railway investment task. The reporter of "China Business Daily" noticed that the China Railway Group has not announced the specific task objectives of railway fixed asset investment in that year at the all-road work conference for four consecutive years.

Regarding the planned mileage of the new railway, China Railway Group said that more than 1,000 kilometers of new lines will be put into operation in 2024. According to the reporter's statistics, since 2007, after the new mileage of China's railways was less than 1,000 kilometers (900 kilometers of new railways that year), the new mileage of China's railways has exceeded 1,000 kilometers over the years, that is to say, 2024 will be the year with the least planned new mileage in 17 years.

The data shows that in recent years, the new mileage of railways and high-speed railways across the country has generally been declining year by year. From 2019 to 2023, the national railway and high-speed rail mileage will be 8,489 km, 5,474 km, 4,933 km, 2,900 km, 4,208 km, 2,168 km, 4,100 km, 2,082 km, 3,637 km, and 2,776 km respectively.

China Railway Group said that in 2024, it is necessary to scientifically coordinate construction resources, reasonably optimize the construction organization, focus on the railway projects in the 102 major projects identified in the "14th Five-Year Plan" and the outline of the long-term goals for 2035, increase the implementation of national strategic corridor projects such as Xinjiang and Tibet, and border railways, actively promote the construction of key projects such as high-speed railways along the Yangtze River and coastal railways, and new land-sea corridors in the west. Hangzhou-Yiwu-Wenzhou high-speed railway and other projects to ensure the completion of annual investment and production tasks and physical workload.

At the same time, we will do a good job in networking, supplementing the network and strengthening the chain project, focus on the implementation of a number of "short, flat and fast" projects, vigorously promote the construction of logistics infrastructure, accelerate the implementation of the improvement of the port collection and distribution system and the supporting projects of point and line capacity, and open up the main trunk line capacity blocking points and multimodal transport breakpoints. Promote the interconnection of transportation infrastructure, optimize and improve the layout, structure and function of hubs, promote the "integration of four networks", and serve the construction of a high-quality national comprehensive three-dimensional transportation network.

Editor: Meng Qingwei Proofreader: Zhai Jun).

Related Pages