The forecast for National Railway Freight Ton-kilometers in China projects consistent growth from 2024 to 2028, with values increasing from 35.56 hundred billion tonne kilometers in 2024 to 42.83 hundred billion tonne kilometers in 2028. In 2023, the value stood at 33.78 hundred billion tonne kilometers. Year-on-year percentage variations show growth rates of approximately 5.2% from 2023 to 2024, 5.2% from 2024 to 2025, 4.9% from 2025 to 2026, 4.6% from 2026 to 2027, and 4.4% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over five years is around 4.7%.
Future trends to watch include technological advancements in railway logistics, policies promoting rail freight as a sustainable transportation mode, and China's Belt and Road Initiative enhancing international freight corridors.
