The National Development and Reform Commission issued the Measures for the Special Management of Investment in Railway Projects within the Central Budget

2024-01-31 13:27:48

According to the Measures, in accordance with the principle of equal emphasis on passenger and freight transport and simultaneous development of new construction, renovation and expansion, we will support trunk railway projects that smooth the backbone corridors in the central, western and northeastern regions and strengthen national defense support in the border areas; support inter-city railway projects such as Beijing-Tianjin-Hebei; support projects to enhance railway freight transport capacity; and support projects to upgrade the infrastructure of China-Europe freight trains and expand the capacity of key railway ports.

Recently, the National Development and Reform Commission issued the Measures for the Special Management of Investment in the Central Budget of Railway Projects (hereinafter referred to as the Measures). According to

the Measures, in accordance with the principle of equal emphasis on passenger and freight transport and simultaneous development of new construction, renovation and expansion, we will support trunk railway projects that smooth the backbone corridors in the central, western and northeastern regions and strengthen national defense support in the border areas, support inter-city railway projects such as Beijing-Tianjin-Hebei, and support projects to enhance railway freight transport capacity; We will support the upgrading of the railway infrastructure between China and Europe and the expansion and renovation of key railway ports.

The Measures are as follows:

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.