China's fixed-asset transport investment tops 2.5 trln yuan in first 3 quarters
Source: Xinhua | 2021-11-01
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.
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