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 fixed-asset transport investment tops 2.5 trln yuan in first 3 quarters

November 01, 2021


Abstract : China's fixed-asset investment in the transport sector maintained stable growth in the first three quarters of the year, official data showed.

BEIJING, Oct. 31 (Xinhua) -- China's fixed-asset investment in the transport sector maintained stable growth in the first three quarters of the year, official data showed.

In the January-September period, total fixed-asset investment in the sector exceeded 2.5 trillion yuan (about 391.19 billion U.S. dollars), according to data from the Ministry of Transport.

The figure represented a 2-percent year-on-year increase and put the two-year average growth at 5.9 percent.

In breakdown, highway investment exceeded 1.8 trillion yuan, increasing 4.9 percent from a year earlier.

Investment in inland waterways exceeded 50 billion yuan, up 9.7 percent year on year, while coastal waterway investment surged 24.4 percent from a year earlier to over 54 billion yuan, the data showed. Enditem

Scan the QR code and push it to your mobile phone

Keyword: fixed-asset transport 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