FAI in China’s roads and waterways increases by 4.7 percent in H1

Wednesday, 24 July 2019 11:01:16 (GMT+3)   |   Shanghai
       

In the January-June period of the current year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 1005.22 billion ($145.7 billion), increasing by 4.7 percent year on year, as announced by China’s Ministry of Transportation (MOT).

In particular, in the given period FAI in construction of roads, inland rivers and coastal facilities in China amounted to RMB 950.02 billion ($138.3 billion), RMB 27.96 billion ($4.1 billion) and RMB 25.24 billion ($3.7 billion), increasing by 4.8 percent, 3.3 percent and 4.8 percent year on year, respectively.


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