Total fixed asset investments (FAI) in transportation in China totaled RMB 1.1488 trillion ($0.17 trillion), down 4.3 percent year on year, as announced by China’s Ministry of Transportation (MOT).
In particular, the FAI in roads and waterways in China amounted to RMB 779.704 billion ($114.5 billion) and 86.5455 billion ($12.7 billion), down 9.4 percent and 0.6 percent year on year, respectively.
$1 = RMB 6.8109