Announcement of China Railway Winning the Bid for Major Projects!

2023-05-19 14:58:47

On May 19, China Railway issued a notice of winning the bid for major projects.

On May 19, China Railway issued a notice of winning the bid for major projects. According to the

announcement, there are one highway project, 12 railway projects, 17 municipal and other projects, and one overseas project, totaling RMB 82.327 billion, accounting for 7.15% of the business income in 2022.


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Correlation

On May 19, China Railway issued a notice of winning the bid for major projects.

2023-05-19 14:58:47

The two sides believe that the industry situation is still grim next year: the contradiction of overcapacity is still deepening, and there is a lack of effective means to cut overcapacity in the short term. It is expected that it will take several years. After the orderly withdrawal of a number of enterprises with weak competitiveness, the industry is expected to usher in a turning point.