China Railway Industry's H1 2026 New Contracts Fall 5.26%, Overseas Surge 82.44%
China Railway Industry recorded total new contract value of RMB 202.83 billion for the period from January to June 2026, a decrease of 5.26% year-on-year. Domestic new contracts amounted to RMB 168.35 billion, down 13.76%, while overseas new contracts reached RMB 34.48 billion, up 82.44%.
New contracts for specialized engineering machinery and related services totaled RMB 67.73 billion, an increase of 8.74%; new contracts for transportation equipment and related services were RMB 115.33 billion, down 16.34%. In the second quarter of 2026, the value of major contracts signed amounted to RMB 7.47 billion.