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Shenzhen Development Bank posts 129% growth in net profits in Q1
Major Chinese steel firms quadruple profits in Q1
Increase of home prices set to fall
Citic Bank shares jump nearly 60 percent in Shanghai debut
Platform to register trust products set up
Foreign automakers to provide free labor conditions training
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Taxes take up 95ге of China's financial revenue
Golden week, golden opportunities for foreign companies
Yuan hits new high against U.S. dollar
Urban employees' average pay up 17.8% in Q1
Report urges drastic moves to rein in economy
New Zealand, China trade up nearly 21%
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Stock accounts halted to counter speculations fears
Both import, export value of tungsten down 11% in Q1
Expert: China to become world's second largest trader this year
China reports jump in diamond imports
Chinese shares close lower Friday, after hitting record high
Chinese shares surge to new high Thursday
 
Daily number of loaded freight cars hits record high in China
BEIJING, May 7 (Xinhua) -- China saw an all-time high of 119,072 freight cars loaded on May 5, breaking the previous record of 118,761 set on Jan. 1 this year, said sources with the Ministry of Railways on Monday.


The daily number of loaded freight cars is an important index to the efficiency and economic benefits of railway freight transport, said an official with the ministry.


In the first five days of this month, 35.38 million tons of cargo was transported by rail in China, up 7.3 percent from the same period of last year.


On May 1, China's railways carried 5.16 million passengers, the highest daily figure for a May Day holiday since the Chinese government launched Golden Week holidays in 1999.


The ministry attributed the new highs to the latest round of "speed boosts" on many Chinese railways. Railway officials have said the increased speed limit will increase the national railway passenger capacity by 18 percent and cargo capacity by 12 percent.

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