BEIJING — China is investing more than 800 billion yuan ($128 billion) in domestic railway construction in 2015, the same as last year’s final target, while pledging to increase its railway makers’ overseas market share.
In his annual state-of-the-nation report Thursday, Chinese Premier Li Keqiang included rail-equipment makers as one of seven sectors the government will prioritize for export. In addition to pushing for high-profile overseas contracts, some 8,000 kilometres of railway lines will be opened to domestic traffic this year, Mr Li said.