Total fixed asset investments (FAI) in transportation in China in the January-June period this year totaled RMB 1.7 trillion ($0.24 trillion), down 7.1 percent year on year, as announced by China’s Ministry of Transportation (MOT).
In particular, the FAI in construction of roads and waterways in China in the given period amounted to RMB 1.239 trillion ($0.17 trillion) and RMB 102.52 billion ($14.4 billion), down 10.4 percent and up 9.5 percent year on year, respectively.
