In the January-March period this year, total fixed asset investments (FAI) in transportation in China amounted to RMB 588.9 billion ($85.7 billion), up 15.0 percent year on year, as announced by China’s Ministry of Transportation (MOT).
The FAI in constructions of roads, waterway, inland rivers and coastal facilities in China amounted to RMB 548.63 billion ($79.8 billion), RMB 40.27 billion ($5.86 billion), RMB 21.64 billion ($3.15 billion) and RMB 18.06 billion ($2.63 billion), up 14.1 percent, 29.9 percent, 48.3 percent and 13.5 percent, year on year, respectively.
$1 = RMB 6.8752