Passenger traffic on China’s railroads hit a record high in the first half of this year, outpacing cargo growth, reflecting a continued downturn in the freight market as demand for key commodities like coal declines, according to government data.
Railway passenger trips rose 18.4% year-on-year to nearly 2.1 billion, according to the latest data from the National Railway Administration. Both the figure and passenger turnover — the number of passengers multiplied by the distance traveled — hit record highs, the state-run Xinhua News Agency reported, citing China State Railway Group Co. Ltd., or China Railway in short.
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