In China, rail freight transport can be classified into truckload shipping, less than truckload shipping and containerized shipping by the conditions of the railway and current railway freight categories.
In 2016, fixed asset investment in the railway industry was CNY 801.5 billion. A total of 3,281 km of new lines were put into operation; construction started in 46 projects; investment increased by CNY 550 billion. By the end of 2016, total length of railway in operation was 124,000 km, including 22,000 km high-speed railway. In 2016, national railway undertook 2.65 billion tons of cargo. The freight volume of containers, commodity automobiles and bulks all broke record highs, increasing YOY by 40%, 53% and 25%, respectively.
In 2016, the total value of logistics goods was CNY 229.7 trillion, increasing by 6.1% YOY. The growth rate was up by 0.3 percentage point over 2015. The total value of logistics goods kept stable while rising a bit. The total value of industrial logistics goods was CNY 214.0 trillion. Calculating by comparable price, it increased by 6.0% versus 2015 and the growth rate fell by 0.1 percentage points. The total revenue of the logistics industry was CNY 7.9 trillion, increasing by 4.6% over 2015. The total expenses of logistics goods was CNY 11.1 trillion, increasing by 2.9% YOY. The growth rate was up by 0.1 percentage points over 2015 but it was significantly lower than that of the value of logistics goods and GDP.