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China’s FAI in transportation up 2.6% to RMB 3.9 trillion in 2023

Wednesday, 28 February 2024 11:58:08 (GMT+3)   |   Shanghai
       

Total fixed asset investments (FAI) in transportation in China in 2023 totaled RMB 3.9 trillion ($0.55 trillion), up 2.6 percent year on year, as announced by China’s Ministry of Transportation (MOT).

In the 2019-2023 period, total fixed asset investments (FAI) in transportation in China exceeded RMB 18 trillion ($2.5 trillion).

In particular, a total of 2,776 kilometers of high-speed railway lines entered into operation in 2023.

 


Tags: China Far East 

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