Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's road freight volume grows in Q1

April 22, 2019


Abstract : China's road freight transport saw steady growth in the first quarter, official data showed.

BEIJING, April 21 (Xinhua) -- China's road freight transport saw steady growth in the first quarter, official data showed.

Road freight volume grew 5.9 percent year on year to 8.19 billion tonnes in the first three months, the Ministry of Transport said in a statement.

Henan province saw the fastest growth in the index with a growth rate of 14.9 percent, followed by Shanxi and Heilongjiang.

Highway freight volume increased 10.2 percent year on year in the period, according to the ministry.

Fixed asset investment in road transport rose 3.3 percent to 372.2 billion yuan (about 55.5 billion U.S. dollars) between January and March, the ministry added.

The data, added to a series of indicators, show resilience in the economy.

Scan the QR code and push it to your mobile phone

Keyword: freight china-economy

Reading:

China reports cargo throughput growth in Q1

Interview: Malaysia eyes opportunity to become regional hub for growing trade under BRI, says PM

Tmall act as a springboard for international brands in China

Italian export peaking in China with fashion and in India with machine tools

Antares entered AIM to internationalize towards the East

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial