As of 2023, high-speed rail lines made up a notable share of China's total rail network. The forecast indicates an increase from 31.04% in 2024 to 32.3% by 2028. The year-on-year growth rates show a consistent yet moderate increase, reflecting China's ongoing commitment to expanding its high-speed rail infrastructure. The compound annual growth rate (CAGR) over the forecasted period suggests a steady pace of expansion averaging around 0.3%.
Future trends to watch for include:
- Technological advancements in high-speed rail for increased efficiency.
- Government policies and investments focused on enhancing rail network connectivity.
- Potential shifts in environmental policies impacting rail transportation demand.