Railway infrastructure brings warm air to construction machinery industry

By the end of March, the operating rate of engineering equipment in the country had exceeded 60%. With the start of various projects such as production, light rail and high-speed rail, signals of domestic macroeconomic recovery began to appear.

Railway infrastructure recovery rose 34.77% in March from a year earlier

Since the second half of 2012, railway infrastructure has begun to gradually recover after experiencing a downturn in work. It has now basically returned to the normal growth track. According to the official data of the Railway Corporation, railway infrastructure investment in the first quarter of this year was 54.51 billion yuan, a year-on-year increase. 28%, of which, railway infrastructure investment in March alone was 29.37 billion yuan, an increase of 34.77% year-on-year. The construction of railways has basically shaken off the adverse effects of high-level changes in the Ministry of Railways, motor vehicle accidents and capital problems, and the Ministry of Railways withdrew from projects under construction. It did not have a significant impact, and infrastructure projects were not cut off, bringing warm wind to the construction machinery industry.