In the January-May period of this year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 753.728 billion ($109.9 billion), increasing by 4.8 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 rivers and coastal facilities in China amounted to RMB 711.46 billion ($103.7 billion), RMB 21.46 billion ($3.1 billion) and RMB 19.57 billion ($2.9 billion), increasing by 4.5 percent, 14.7 percent and 8.1 percent year on year, respectively.