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

My Favorite China's Brands
Economy

China's investment in highways, waterways up 4.3 pct in Jan-April

May 27, 2019


Abstract : China's fixed-asset investment (FAI) in highways and waterways registered steady growth in the first four months of this year, official data showed.

BEIJING, May 27 (Xinhua) -- China's fixed-asset investment (FAI) in highways and waterways registered steady growth in the first four months of this year, official data showed.

Total investment in highways and waterways reached 553.3 billion yuan (about 80.1 billion U.S. dollars) during the January-April period, a year-on-year growth of 4.3 percent, Ministry of Transport (MOT) said in a report on its website.

Specifically, investment in highways expanded 3.7 percent to reach 521 billion yuan, while that of coastal construction recorded the fastest growth rate of 14.6 percent to 15 billion yuan, according to the ministry.

The growth rate registered in central regions hit 12.8 percent year on year for the first four months, which was much higher than that of western and eastern China.

China will expand infrastructure investment in 2019, including 800 billion yuan in railway construction and 1.8 trillion yuan in road construction and waterway projects, according to a government work report.

Scan the QR code and push it to your mobile phone

Keyword: investment transportation

Reading:

​New Horizon Health completes US$66 mln financing to promote early cancer screening service

Hangzhou expands entrepreneurial investment guidance funds to RMB3bln

Social Undertakings

Economic Development

China's old industrial base welcomes British investment

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