综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

China's fixed asset investment in railways up 25.7%

Xinhua | Updated: 2013-03-14 13:37

BEIJING -- Fixed asset investment in China's railways rose 25.7 percent year on year to 37.63 billion yuan (about $6 billion) in the first two months of the year, according to the railways authority.

The growth marked a substantial dip from the 70.9-percent rise seen in January.

During the January-February period, railways infrastructure investment rose 20.9 percent to 25.14 billion yuan, slowing from the 62.3-percent growth in the first month of the year, a Ministry of Railways (MOR) statement said.

In 2013, China plans 650 billion yuan of fixed asset investment for the sector.

On Thursday, China's National People's Congress, the Chinese parliament, adopted a cabinet reshuffle plan, which included the dismantling of the MOR into administrative and commercial arms in a bid to reduce bureaucracy.

After the restructuring, the proposed State Railways Administration will be supervised by the Ministry of Transport and perform the administrative functions of the defunct MOR. The planned China railway corporation will run commercial businesses which are currently controlled by the MOR.

While the move is widely applauded by the public, the ministry's massive debts incurred amid the country's construction boom in recent years have stirred market concerns.

According to official data, the ministry's debt-to-asset ratio climbed to 61.81 percent at the end of September 2012. Its total assets were 4.3 trillion yuan ($685.3 billion) and its debts amounted to 2.66 trillion yuan at that time.

In response to public doubts, Railways Minister Sheng Guangzu promised to properly solve the debts owed by the MOR, for business purposes and for public welfare as well, while hoping private capital and foreign funds could actively participate in the projects of the new company.

According to the MOR, China had 98,000 km of rail lines, including 9,356 km of high-speed rail lines, in operation at the end of 2012.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
深水埗区| 利辛县| 阳西县| 山西省| 潮安县| 万全县| 泸溪县| 剑川县| 金溪县| 巨鹿县| 临城县| 阿拉善右旗| 梅州市| 桃江县| 屯留县| 蓬安县| 通化县| 南通市| 天长市| 都兰县| 台州市| 元阳县| 永年县| 克什克腾旗| 巴南区| 大邑县| 普格县| 长乐市| 南陵县| 玉门市| 东乌珠穆沁旗| 津南区| 梁山县| 镇原县| 曲周县| 疏勒县| 建昌县| 瑞安市| 景德镇市| 葵青区| 平顺县|