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News

Increase in railway freight prices

20 February 2013
Railway freight prices in China will be raised by 13 per cent, the National Business Daily reported, citing a statement issued by the Ministry of Railways and the National Development and Reform Commission. Prices are due to rise by Rmb0.015 to Rmb0.13 per ton per kilometre.

According to industry estimates quoted by the report, every Rmb0.01 increase in prices could bring an additional Rmb20bn in annual revenue for the railway system.

     
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