POST Online Media Lite Edition


China's December rail freight volume rises 9.8 pct y/y

Staff Writer |
China's rail freight volume in December rose 9.8 percent from the same period last year to 315.79 million tonnes, the National Bureau of Statistics said.

Article continues below

The amount of cargo carried by the railways declined 0.8 percent on the year, to 3.33 billion tonnes in 2016, the data showed.

China's November rail freight volume rose 13.9 percent from a year earlier. Rail freight volume grew in August for the first time after falling for 31 consecutive months since December 2013.

Rail freight is one component, together with electricity consumption and bank lending, of the so-called "Li Keqiang index" used to measure the well-being of the economy, named after the country's premier.

What to read next

Seven countries to deepen cooperation on China-Europe freight rail services
World Bank backs China's urban rail, flood protection
56.5 percent more train trips in China