China's transport sector continued to see steady growth in fixed-asset investment in the first three quarters of this year, data from the Ministry of Transport showed. This was reported by The Xinhua News Agency.
During the period, fixed-asset investment in the sector totaled ¥2.7 trln (about $376.58 bln), up 6.3% year on year, according to the ministry.
In the third quarter, the investment rose 5.7% over one year earlier, with a pace of 0.8 percentage points faster than the second quarter.
Between January and September, investment in road construction climbed 10% year on year to about ¥2.06 trln.
Investment in waterway construction reached ¥112.4 bln in the same period, up 6.4% year on year.
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