In January this year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 117.41017 billion ($18.5867 billion), increasing by 59.8 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 111.84054 billion ($17.705 billion), rising by 62.0 percent year on year.