The investment of more than 128.7 billion yuan in December 2020 will be the peak of investment in December during the 13th Five-Year Plan period. In 2020, the national railway fixed asset investment task will be 800 billion yuan.
2020 is coming to an end, and the slowdown of railway fixed asset investment is still continuing. Railway investment in the first 11 months was 671.3 billion yuan, a year-on-year decrease of 2.0%. Among them, 63.1 billion yuan was completed in November, basically the same as the previous year. The National Railway Administration released data on December 16 to show the above.
In 2020, the national railway fixed asset investment mission will be more than 800 billion yuan, that is to say, 128.7 billion yuan will be invested in the last month to complete the mission, which is more than twice the average of the previous 11 months, and a year-on-year increase of 9.35%. The chain growth rate should reach 103.96%.
Affected by the epidemic, railway fixed asset investment fell below 80 billion yuan in the first quarter of 2020, and only completed 79.9 billion yuan, which was the lowest in six years. In the second quarter, China Railway Group increased its railway investment plan, and the growth rate of railway investment became more and more rapid. In the first half of the year, the national railway fixed asset investment target was overfulfilled, with a total of 325.8 billion yuan completed, a year-on-year increase of 1.2%.