China's railway cargo delivery volume rose 5.5 percent year on year to reach 350 million tons in November 2024, reflecting a growing momentum of China's economic activities.
In November, the average daily loading exceeded 194,000 vehicles, setting a new record, according to data from China State Railway Group Co., Ltd.
China's railways transported 184 million tons of coal in November, a 3.3 percent increase year on year, with 132 million tons of that being thermal coal, which grew by 1.9 percent compared to the previous year.
In November, transportation volumes of grain, petroleum, and metallurgical materials by rail increased by 14 percent, 7.7 percent, and 9.8 percent year on year, respectively.
"The scale of transportation and logistics activities directly reflects economic demand and vitality. In November, the expansion of transportation capacity, especially the year-on-year growth in rail transport, a vital mean for transporting essential materials like coal and minerals, demonstrated a growing momentum of China's economic activities," said Lu Chengyun, deputy director of the logistics department at the Integrated Transport Research Institute of the National Development and Reform Commission.
China's railway cargo delivery up 5.5 pct in Nov
China is continuing to accelerate its green energy transition while meeting the considerable power demand, with renewable energy representing over 80 percent of the country's new installed power generation capacity.
The latest data showed that China's newly installed capacity for new energy power generation reached 258 million kilowatts from January to November, accounting for 81.5 percent of the total newly installed power generation capacity.
Experts say the renewable energy expansion can be partly attributed to China's efforts to accelerate the construction of new energy bases in its western areas to promote the distribution of new energy production in the more populous central and eastern parts of the country.
"For the next step, China's new energy power generation will be both centralized and distributed. It will also be land-based and sea-based. The generated power will be transmitted to other regions and consumed locally. We will continue promoting the construction of the wind and solar power generation bases in the sandy areas, rocky areas and deserts in the shelterbelt program in the northeast, north, and northwest regions of China. We will push forward the development of the water, wind, and solar power generation bases in southwestern China and the offshore wind power generation bases in eastern China. We will work to strengthen coordination in an effort to comprehensively diversify the supply of new energy," said Rao Jianye, director of the Clean Energy Research Institute under the China Electric Power Planning and Engineering Institute.
China is also improving its new power system, keeping enhancing the system's capability for receiving and distributing new energy so as to support the country's energy transition.
As China races to construct more new energy storage projects like photothermal energy storage projects and compressed-air energy storage projects, so far, the country's new energy storage has a capacity of over 60 million kilowatts, marking a significant achievement in maintaining the stable operation of the country's power system.
By the end of July, China's total installed capacity of wind and solar power had exceeded 1.2 billion kilowatts, more than doubling the 2020 level and achieving the 2030 target six years ahead of schedule.
New energy represents over 80 pct of China's new installed power generation capacity
