Related News
China's transport infrastructure investment grows
Online Edition
FIXED assets investment in China's transport infrastructure registered a robust growth in the first two months of this year, part of the efforts to build a modern and efficient transportation system.
Investment in transport infrastructure projects including roads, waterways and among others reached 172.6 billion yuan (US$25.1 billion) in January and February, increasing by 33.9 percent year on year, latest data from the Ministry of Transport revealed.
The figure did not include investment in railway projects.
The combined investment volume in the first two months accounted for about 9.6 percent of the total scheduled for the whole year.
Breakdown figures showed that 160.1 billion yuan was invested in road construction and 10.5 billion yuan went to waterway transport projects in the period, rising by 36 percent and 2.8 percent year on year, respectively.
China is set to spend around 2.6 trillion yuan on transport infrastructure projects this year, according to the ministry. That will include 800 billion yuan on railways, 1.65 trillion yuan on roads and 150 billion yuan on waterway transport.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
