FAI in China’s roads and waterways up 30.3 percent in Q1

In the January-March period of the current year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 331.64181 billion ($48.2 billion), increasing by 30.3 percent year on year, as announced by China’s Ministry of Transportation (MOT).

In particular, in the given period FAI in roads in China amounted to RMB 305.4853 billion ($44.4 billion), up 33.5 percent year on year.