Industries > Consumer Products and Services

China's transport sector steadily recovers in H1

Xinhua News,BEIJING
2020-07-27 09:25

Already collect

BEIJING, July 27 (Xinhua) -- China's transport industry saw steady recovery in the first half of the year, with some key indicators continuing to improve, data by the Ministry of Transport showed.

China's fixed-asset investment in transportation reached 1.45 trillion yuan (207.33 billion U.S. dollars) during the first half of the year, an increase of 6 percent from the same period last year.

Specifically, investment in highways and waterways exceeded 1.08 trillion yuan in the January-June period, accounting for 60.2 percent of the total investment planned for 2020.

Investment in railways and civil aviation was 325.86 billion yuan and 40.1 billion yuan, respectively, during the same period.

The country's cargo throughput at ports increased 0.6 percent year on year to 6.75 billion tonnes in the first half.

The 625 key transportation projects monitored by the ministry had all resumed work as of Thursday.
Add comments

Latest comments

Latest News
News Most Viewed