On January 2, China national railway corporation limited (hereinafter referred to as ldquo; China railway group co. LTD. At the meeting, lu dongfu, chairman of the state railway group and secretary of the party leadership group, said that in 2019, China's railway fixed asset investment will total 802.9 billion yuan, of which 751.1 billion yuan will be invested by the state railway. 8,489 kilometers of new railway lines were put into operation, including 5,474 kilometers of high-speed rail. By the end of 2019, more than 139,000 kilometers of railways had been in operation, including 35,000 kilometers of high-speed rail.

Reporter learned that in 2019, in the ldquo; To guarantee the opening, construction and commencement of construction ” In this order, railway construction made solid progress, and 51 new lines, including the beijing-zhangjiakou high-speed railway, the inter-city Beijing daxing airport section, the chang-jiangxi high-speed railway, the chengdu-guizhou high-speed railway, the xu-yan high-speed railway and the haoji railway, were completed and put into operation.

At the same time, efforts have been made to build railways in poverty-stricken areas. A total of 417.58 billion yuan has been invested in railway infrastructure in 14 contiguous poverty-stricken areas, old revolutionary base areas, ethnic minority areas and border areas, accounting for 75.9% of the total investment in railway infrastructure. A total of 158.8 billion yuan was invested in railway infrastructure in the western region, accounting for 28.9 percent of the total.

It is worth noting that the construction of railway classification and stratification has been actively promoted, and more progress has been made in the joint venture cooperation model between road, land and road enterprises. In 2019, the capital of local governments and enterprises in railway infrastructure investment will reach 209.5 billion yuan, an increase of 31.3 percentage points over 2016. We promoted EPC projects such as the hangzhou-shao-tai railway and the yantong railway, and made significant progress in the market-oriented reform of railway construction.

& other; The task of investing in railways as set out in the government work report was completed. Throughout the &; Lu dongfu said.

At the same time, passenger and freight growth is obvious, and the operating efficiency of China railway group is further improved.

In 2019, the national railway delivered 3.57 billion passengers, up 7.7 percent year on year, including 2.29 billion emus, up 14.1 percent year on year. We delivered 3.44 billion tons of goods, up 7.8% year on year. China's total railway revenue totaled 818 billion yuan, of which 21.6 billion yuan came from tax cuts and fee reductions, a year-on-year increase of 46.8 billion yuan or 6.1%. Revenue from business development reached 362.3 billion yuan, up 4.2 percent year on year, with a comprehensive effect of 42.6 billion yuan. Cost expenditure, debt scale and asset-liability ratio were effectively controlled and various operating objectives were achieved.

& other; Both passenger and freight transport have reached a record high. Throughout the &; Minister of transport Yang chuantang said.

It is understood that 2020 will be the year to finish building a moderately prosperous society in all respects. Much starker choices-and graver consequences-in & throughout; Plan the closing year. As planned, rail investment remains high. Among them, more than 4,000 kilometers of new lines will be put into operation, including 2,000 kilometers of high-speed railways.

It is worth noting that according to the arrangement of the ministry of transport, railway investment in 2020 will remain at the level of 800 billion yuan. We will continue to do what we can, expand direct financing, and fully fulfill the railway investment tasks assigned by the state. Throughout the &;

According to the plan, the total revenue of railway transportation is expected to reach 868 billion yuan in 2020, an increase of 50 billion yuan over 2019.