GUANGZHOU Railway Huizhou section posted a revenue of CNY1.05 billion (US$166 million) last year, CNY8.9 million more than its annual target, Xinhua reports.

Last year, Guangzhou Railway Huizhou section enhanced its efficiency and optimised its operations, and handled 704,211 tonnes of sea-rail intermodal cargo, a sharp increase of 573 per cent over 2010's volume.

This year, Huizhou section aims to achieve a year-on-year growth of 23 per cent in its cargo movement. To meet the target, the railway is seeking to sign transportation agreements with a number of steel plants and reduce transport charges.

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