FAI in roads and waterways in China up 52.3 percent in January

Friday, 26 February 2021 13:49:36 (GMT+3)   |   Shanghai
       

In January this year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 143.4 billion ($22.2 billion), increasing by 52.3 percent year on year, while up 11.8 percent compared to January 2019, as announced by China’s Ministry of Transportation (MOT).

Meanwhile, the overall FAI in transportation in China in January of the current year amounted to RMB 191.2 billion ($29.6 billion), up 42.1 percent year on year, while rising by 13.8 percent compared to January 2019.

$1 = RMB 6.4713


Similar articles

China’s FAI increases by 4.2 percent in January-February

19 Mar | Steel News

China’s real estate investments decline by 9.0 percent in Jan-Feb

19 Mar | Steel News

FAI in railway amounts to RMB 65.2 billion in January-February, up 9.5%

11 Mar | Steel News

FAI in China’s railways up 11.6 percent in January

22 Feb | Steel News

China’s real estate investments down 9.6% in 2023, almost similar to fall in 2022

17 Jan | Steel News

China’s FAI increases by three percent in 2023

17 Jan | Steel News

China’s Longxin Iron & Steel to replace electric arc and ladle refining furnaces

10 Jan | Steel News

FAI in China’s railways amounts to RMB 764.5 billion in 2023

09 Jan | Steel News

FAI in China’s railways will reach RMB 760 billion in 2023

28 Dec | Steel News

Valin Xiangtan Iron and Steel plans to increase capital in Valin Xiangtan Iron and Steel (Singapore) Co.

20 Dec | Steel News