Drop in rail freight volume narrows
Source: Xinhua |
June 30, 2016, Thursday
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Print Edition
Print Edition
THE pace of decline in China’s national rail freight volume, a sign of economic activity, narrowed in the first five months of 2016 as the economy turned more stable, official data showed.
Rail freight volume for the first five months of 2016 fell 7.7 percent year on year to 1.32 billion tons, compared with a 7.9 percent drop in the first four months, according to the National Development and Reform Commission. Railways carried 270 million tons of cargo in May, down 7 percent year on year, said the NDRC.
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