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China’s fixed-asset investment in transportation reached 1.68 trillion yuan in the first half of the year, rising 6.7% from the same period last year, said the Ministry of Transport.
That included 1.27 trillion yuan of investment in road transportation, rising by 9.7%, and 73.9 billion yuan in waterway investment, rising 4.7% from a year earlier, showed the data.
China will actively expand effective investment in transportation, ensure smooth logistics and step up efforts to address difficulties faced by transportation companies , the ministry said.
The country’s freight volume reached 24.27 billion tonnes in the first half of the year, falling 2.2% from a year earlier, with freight volume in June largely recovering to the year-ago level, said the ministry
Road freight volume reached 177 billion tonnes in the fist half, down 4.6% from a year earlier, while waterway freight volume rose 4.5% to 4.1 billion tonnes, it said
Container throughput at Chinese ports reached 140 million TEUs in the first half of the year, rising 3% from the same period last year, with container throughput for exports ring 6.1% on year to 85 million TEUs, according to the ministry.
Cargo throughput at Chinese ports reached 7.58 billion tonnes in the first half, down 0.8% from a year earlier, with cargo throughput for domestic trade rising 0.5%, while cargo throughput for exports sliding 3.7%, mainly due to falling imports of commodities such as coal, oil and iron ore, it said.