Total fixed asset investments (FAI) in transportation in China in the January-October period this year amounted to RMB 2.95 trillion ($0.42 trillion), remaining at a high level, as announced by China’s Ministry of Transportation (MOT).
In the given period, the FAI in construction of roads and waterways in China amounted to RMB 2.0089 trillion ($0.28 trillion) and RMB 176.12 billion ($24.8 billion), down 6.0 percent and 0.2 percent year on year, respectively.