Photo:VCG

Fixed-asset investment in China's railway sector hit 304.9 billion yuan ($42.23 billion) in the first half of 2023, a year-on-year increase of 6.9 percent, data from China Railway Group Co (CRCC) showed on Saturday.

CRCC said it has stepped up efforts to build modern railway infrastructure, and progress has been achieved across several key projects during the period.

The railway line from North China's Tianjin Municipality to the Beijing Daxing International Airport and other key lines have already seen tracks laid.

A number of key projects under construction, including the Baotou-Yinchuan high-speed railway, the Guangzhou-Zhanjiang high-speed railway and the Lijiang-Shangri-La railway, have achieved breakthroughs.

The Haba Snow Mountain Tunnel, a section of the railway connecting Southwest China's Yunnan Province and Southwest China's Xizang Autonomous Region was completed on Saturday after a nine-year period of construction, Xinhua News Agency reported.

The tunnel, at a length of 9.5 kilometers, is one of the 20 tunnels planned for the railway. Following its completion, the workers will embark on track-laying, with plans to launch the railway for official operation within the year, according to the report. 

CRCC has pledged to continue serving and guaranteeing the implementation of major national strategies, injecting vitality into high-quality economic and social development, and accelerate the construction of modern railway infrastructure around the nation.

Global Time