In the first 11 months of the current year, China's fixed-asset investments in its transport sector reached RMB 2.17 billion ($352.9 billion), up 13.5 percent year on year and close to the investment total for the whole of 2013, as announced by China's Ministry of Transport on December 29.
Specifically, nearly RMB 1.41 trillion ($229.3 billion) of the investment total for the January-November period was used in the construction of roadways, RMB 130.0 billion ($21.2 billion) was invested in waterway construction, and RMB 616.3 billion ($100.4 billion) was used in railway construction, up 13.1 percent, down 5.6 percent and increasing by 20.5 percent year on year, respectively.