Chinese rail stocks: Summer transport period in China has already begun
​With the onset of July, peak summer transport period in China has already begun; along with the season has come expectations of another record-high number of passenger trips by train.
The 62 day period between July 1 and August 31, traditionally sees peak traffic as they correspond to summer vacation in educational institutes enabling students to travel or return home. According to China Railway Corporation, 598.0m passenger trips are expected to be made by train during this period, 49.7m increase over last year. To cope with the increased traffic, railway authorities have put a new transport route plan into operation. They have added more trains at transport hubs to elevate and augment average passenger capacity.
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