Key Market Indicators
**China's Rail Infrastructure Investment to Surge by 2028** China's rail infrastructure expenditure is projected to skyrocket to approximately €107 billion by 2028, marking an average annual growth rate of 1.6%. This represents a significant increase from the €97 billion allocated in 2023. Despite this upward trend, the demand for rail infrastructure has experienced a slight decline of 0.1% per year since 2000. Meanwhile, the length of China's rail network is expected to extend to nearly 134,000 route-kilometers by 2028. This expansion comes from 116,610 route-kilometers recorded in 2023, reflecting an annual average growth rate of 2.2%. Historically, since 2000, China's rail supply has increased by 3.9% each year. In 2023, China ranked second globally in rail length, with the United States taking the lead, also at 116,610 route-kilometers. Following China, Russia and India secured third and fourth places, respectively, in this international ranking.
