FAI in China’s roads and waterways up 9.2 percent in January

In January this year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 128.228 billion ($18.9 billion), increasing by 9.2 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 120.27 billion ($17.8 billion), increasing by 7.5 percent year on year.