China’s Railway Freight Volume Up 3.6% YoY in Jan-May

Source: Ministry of Railways, ChinaScope Financial (Data)

+       Data released by the Ministry of Railways on June 6th shows that the total railway freight volume was 1.68 billion metric tons in the January-May period, up 3.6% year-on-year.

+       In the same period, railway passenger traffic was 761.6 million, up 2.7% year-on-year.

Passenger traffic growth is on an upward trend while freight traffic growth is yet to pick up.

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