24 May 2021, Monday, 15:58
China's transport investment reaches $541.6 billion in 2020
China's transport. Photo by Xinhua.
China's fixed-asset investment in the transport sector maintained steady growth last year, official data showed, The Xinhua News Agency reported.
The total fixed-asset investment increased 7.1 percent year on year to nearly 3.48 trillion yuan (about $541.6 billion) in 2020, according to the Ministry of Transport.
"The growth rate was the highest in the last three years", – said the ministry.
By the end of 2020, the operating mileage of China's railway network reached 146,000 km. The country had a total of 5.2 million km of highways, of which expressways represented 161,000 km.
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There were 2,592 berths of 10,000-tonne-class or above and 241 certified civil airports throughout the country by the end of last year.