China Railway Corp (CRC) has made progress in correcting issues revealed in earlier audits and in implementing railway construction projects, according to a report released Wednesday by the National Audit Office.
At the end of 2015, the CRC pushed forward investment in new projects totaling 7.38 billion yuan ($1.13 billion) and corrected incorrectly reported investment of 1.93 billion yuan, according to the report. In addition, as of that date, there were 43 new construction projects planned and 36 in progress, the report said.