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In the first three quarters, the development of railways showed a stable and good trend

Beijing, 29 Oct (Xinhua) -- A reporter learned from the China National Railway Group Co., Ltd. on the 29th that in the first three quarters of this year, the development of the railway showed a stable and good trend, and the national strategic role of ensuring people's livelihood and serving the country was prominent.

According to the financial final accounts released by the State Railway Group for the first three quarters of 2021, the State Railway Group achieved revenue of 786.2 billion yuan, an increase of 86.3 billion yuan year-on-year; a net profit loss of 69.8 billion yuan, a year-on-year reduction of 8.9 billion yuan; the national railway fixed asset investment completed 510.17 billion yuan, and put into operation 1611 kilometers of new lines, including 610 kilometers of high-speed rail.

According to the relevant person in charge of the State Railway Group, in the first three quarters, the State Railway Group effectively responded to the multiple tests brought about by the epidemic, flood conditions and market changes, deeply implemented the strategy of increasing passenger and freight transportation and income, scientifically and orderly promoted railway construction, and continued to promote the high-quality development of railways.

First, the number of passengers sent has rebounded. The national railway sent 1.995 billion passengers, an increase of 510 million passengers or 34.3% year-on-year; and achieved passenger revenue of 240.1 billion yuan, an increase of 39.4% year-on-year. Second, the volume of goods sent has increased steadily. The national railway sent 2.747 billion tons of goods, an increase of 120 million tons or 4.7% year-on-year; realized freight revenue of 317.5 billion yuan, an increase of 8.5% year-on-year; and loaded an average of 166,000 cars per day, an increase of 5.3% year-on-year. The third is the scientific and orderly advancement of railway construction. A number of key projects such as the Ya'an-Xinduqiao, Bomi-Nyingchi section of the Sichuan-Tibet Railway, and the Wuhan-Yichang section of the Shanghai-Yurong-Rongyan high-speed railway have started construction, a number of new lines such as the Lalin Railway and the Chaoling High-Speed Railway have been completed and put into use, and the investment progress of railway fixed assets is slightly higher than that of the same period last year, making positive contributions to promoting economic and social development. At the same time, the reform of railway enterprises, going out and other work have made important progress, China Railway Special Cargo Flow Co., Ltd., Golden Eagle Heavy Construction Machinery Co., Ltd. stock reform and listing, China-Laos Railway will be completed and operated as scheduled, Yawan high-speed rail construction smoothly advanced.

In the first three quarters, the national railway actively served the domestic large cycle and the domestic and international double cycle, improved the quality of the China-Europe express train and the new land-sea corridor train in the west, and ensured the stability and smoothness of the international supply chain. The China-Europe express train opened 11343 trains, and the western land and sea new channel train opened 4183 trains, an increase of 29% and 75% respectively year-on-year. In view of the tight supply of thermal coal market, the railway department quickly organized a special action to ensure the supply of thermal coal this winter and next spring, and since October 1, the average daily shipment of thermal coal has reached a record high; the average number of days of coal storage in 363 railway direct power supply plants across the country has remained above 16 days, making every effort to ensure the smooth operation of the national economy and the warmth of the people through the winter.

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