CCCME News
China's rail freight volume down 9%
Publish Time:2015-04-13 00:00:00
Source:xinhua
BEIJING - The volume of rail freight dropped during the January-March period as economic activities showed no signs of improving, official data showed on Monday.
Railways transported 870 million tons of cargo in the first quarter of the year, down 9 percent year on year, according to China Railway Corp.
This data adds to a slew of other economic indicators that show prolonged weakness in the economy.
Dragged down by a housing slowdown, softening domestic demand and unsteady exports, the economy grew 7.4 percent in 2014, its weakest annual expansion in 24 years.
Chinese Academy of Social Sciences estimates gross domestic product (GDP) growth in the first quarter will slow to about 6.85 percent.
RECENT NEWS
-
Exchanges with the Hauts-de-France Region Successfully Held at CCCME
2026-05-29 -
Site Visits & Matchmaking, a Series of Activities of 2026 Conference on International Industrial Cooperation Held
2026-05-29 -
2026 Conference on International Industrial Cooperation Successfully Held in Singapore
2026-05-28 -
Roundtable on International Collaboration of Industry-Education Integration in Green Industrial Chains Successfully Held
2026-05-28 -
CCCME Executive Vice President Zheng Chao Meets with CEO of Lockton Asia
2026-05-19








