China's transport investment up 11.7 pct in Jan-Feb

   2022-04-03 ecns0
核心提示:China's transport sector saw an increase in fixed-asset investment in the first two months of this year, data from the Ministry of Transport
China's transport sector saw an increase in fixed-asset investment in the first two months of this year, data from the Ministry of Transport showed.In the January-February period, fixed-asset investment in the sector amounted to 338.7 billion yuan (about 53.33 billion U.S. dollars), up 11.7 percent year on year, the ministry said.The majority of the funds went to road and waterway infrastructure construction, with investment in road construction jumping 15.7 percent year on year to 255.1 billion yuan.Investment in waterway construction came in at 18 billion yuan in the first two months, up 3.9 percent.China launching more cargo trains to boost coal transportChina-Laos Railway puts freight transport on fast trackChina's transport sector saw an increase in fixed-asset investment in the first two months of this year, data from the Ministry of Transport showed.In the January-February period, fixed-asset investment in the sector amounted to 338.7 billion yuan (about 53.33 billion U.S. dollars), up 11.7 percent year on year, the ministry said.The majority of the funds went to road and waterway infrastructure construction, with investment in road construction jumping 15.7 percent year on year to 255.1 billion yuan.Investment in waterway construction came in at 18 billion yuan in the first two months, up 3.9 percent.China launching more cargo trains to boost coal transportChina-Laos Railway puts freight transport on fast track
 
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