BEIJING, Oct. 29 (Xinhua) -- China's fixed-asset investment in transportation expanded 9.8 percent year-on-year in the first three quarters of this year, the Xinhua-run Shanghai Securities News reported on Wednesday.
The country's total investment in its transport infrastructure reached 2.51 trillion yuan (about 374.2 billion U.S. dollars) during the period, said Wu Chungeng, a spokesperson with the Ministry of Transport.
According to Wu, the growth rate of the country's cargo volume has returned to a normal level .
Statistics showed that China saw commercial freight volume slide 3.3 percent year on year to 32.78 billion tonnes during January to September.
The decline narrowed by 4.5 percentage points compared with the contraction in the first half of this year.
(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)
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