Fixed asset investment in China's transportation sector rose in the first 11 months of 2023
09.01.2024
In the period from January to November 2023, investment in fixed assets of China's transportation sector increased by 3.2 percent year-on-year to 3.6 trillion yuan /about $506.84 billion/, data from the Ministry of Transport of the People's Republic of China showed. The data of the Ministry of Transportation of the People's Republic of China showed.
In particular, investments in fixed assets in road transport increased by 1.2 percent to 2.6 trillion yuan, in water transport - by 23.7 percent to 182.9 billion yuan, the ministry said.