In the January-April period of the current year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 553.314 billion ($77.3 billion), increasing by 4.3 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 waterways and coastal facilities in China amounted to RMB 521.04 billion ($75.5 billion), RMB 16.405 billion ($2.4 billion) and RMB 15.084 billion ($2.2 billion), increasing by 3.7 percent, 17.4 percent and 14.6 percent year on year, respectively.