Total fixed asset investments (FAI) in railways, roads and waterways in China in the January-February period this year amounted to RMB 272.928 billion ($39.6 billion), down 3.1 percent year on year, as announced by China’s Ministry of Transportation (MOT).
In the given period, the FAI in construction of railways, and roads and waterways in China totaled RMB 244.933 billion ($35.5 billion) and RMB 27.995 billion ($4.1 billion), down 3.6 percent and up 0.7 percent year on year, respectively.
$1 = RMB 6.9056