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China has invested more than 265.1 billion yuan ($43.3 billion ) in domestic railway construction in the first half of the year, up 12.7 percent from one year earlier, China Railway Corporation has announced in Beijing.
In the first six months, an additional 2,226 km of new railway lines were put into service, the company said in a statement. Chinese policymakers have said some 8,000 kilometers (about 5,000 miles) of railway lines will be opened to domestic traffic this year.
China is investing more than 800 billion yuan ($128 billion) in domestic railway construction in 2015, the same as last year’s final target, while pledging to increase its railway makers’ overseas market share, Chinese Premier Li Keqiang said in his annual state-of-the-nation report earlier this year.
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