Economy and macroUpdated Yesterday

China sets a rail record: 4.13 billion trips in 10 months.

Four billion trips are hard to picture, so start with the daily rhythm: in the first nine months of 2026, China’s network ran an average of 11,511 passenger trains a day, up 5.3% from a year earlier, according to Xinhua. Across the first 10 months, its railways carried 4.13 billion passenger trips, a record, China Central Television reported. The Ministry of Transport put the increase over the same period last year at 4.7%. And the network is meant to stretch further: it measured 165,000 kilometers at the end of 2025, with China targeting 180,000 by 2030.

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