Freight volumes rose by 4.5 per cent YoY for rail, 3.3 per cent YoY for road, 3.4 per cent YoY for waterways and 15.3 per cent YoY for civil aviation in the month, ministry spokesperson Li Ying told a press conference.
Cargo handled by Chinese ports reached 1.54 billion tonnes in July—up by 6.9 per cent YoY, with the growth rate accelerating by 2.2 percentage points from the previous month.
Transport infrastructure investment stayed at a high level. Total fixed-asset investment in the sector reached 306.1 billion yuan ($43.05 billion) in July. Of this, railway investment accounted for 77.1 billion yuan, highway investment 200.5 billion yuan, waterway investment 17.3 billion yuan and civil aviation investment 11.2 billion yuan.
China plans to complete constructing and upgrading 300,000 kilometers of rural roads, and perform restorative maintenance on another 300,000 kilometers of existing roads by 2027, a state-controlled news agency reported.
The country will also renovate 9,000 unsafe bridges, Li added.
ALCHEMPro News Desk (DS)
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