Thursday Dec 19, 2024
Thursday Dec 19, 2024

China's transport investment up 9.1 pct in H1


Nepalnews
2023 Aug 05, 13:48, BEIJING
Representative Image.

Fixed-asset investment in China's transport sector rose 9.1 percent year on year in the first half of the year (H1), data from the Ministry of Transport showed.

Total fixed-asset investment in the sector hit 1.8 trillion yuan (about 252.04 billion U.S. dollars) during the period, according to the ministry.

Specifically, road construction investment went up 8.9 percent year on year to 1.4 trillion yuan. Investment amounting to 93.6 billion yuan was channeled into waterway development, surging 26.7 percent from the same period last year.

In the second quarter of this year, China's fixed-asset investment in the transport sector climbed 6.5 percent over the previous year, the data showed. 

READ ALSO:

Fixed-asset investment China's transport sector Ministry of Transport yuan US dollars road construction investment
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

Kathmandu, Nepal,


Newsroom
##

E-mail
nepalnewseditor@gmail.com

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal