China's Transport Investment Surges In January
Sumaira FH Published February 26, 2021 | 10:30 AM
BEIJING, Feb. 26 (UrduPoint / Pakistan Point News - 26th Feb, 2021 ) :China's fixed-asset investment in the transport sector registered a rapid increase in January from a year earlier, an official said Friday.
In January, the sector's total fixed-asset investment soared 42.1 percent year on year to 191.2 billion Yuan (about 29.
5 billion U.S. Dollars), Sun Wenjian, a spokesperson with the Ministry of Transport, told a press conference.
The figure climbed 13.8 percent from January 2019, Sun said.
Most of the transport investment went to road and waterway construction, which surged 52.3 percent from a year ago to 143.4 billion yuan in January, Sun added.
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