China Railway Construction signs more contracts in first three quarters

China Railway Construction Corporation Limited (CRCC) reported its new contracts in the first three quarters hit a record high. The new contracts totaled 1.12 trillion yuan (157.74 billion U.S. dollars) in the first three quarters, up 25 percent year on year, according to the CRCC. In the third quarter alone, the CRCC's new contracts stood at 396.54 billion yuan.