Hong Kong, July 26, 2016 -- Moody's Investors Service says that the Chinese government's (Aa3 negative) plan to expand strongly its railway network from 2016 to 2020 is credit positive for China Railway Group Limited (CRG) and supports its A3 issuer rating, and the provisional (P)A3 rating on the bond issued by China Railway Xunjie Co., Limited and guaranteed by CRG.

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