China's rail passenger trips soar 36.2% in Jan-Feb

BEIJING - China's rail passenger trips jumped 36.2 percent year-on-year in the first two months of 2024, official data showed.

A total of 693.14 million passenger trips were recorded across the country's rail networks during the period, according to the Ministry of Transport.

China's rail freight volume, a key indicator of economic activities, edged down 0.5 percent year-on-year to 805.87 million tons.

The data also showed that China's fixed-asset investment in railways reached 65.2 billion yuan (about $9.19 billion) in the first two months, up 9.5 percent year-on-year.