FAI in China’s roads and waterways up 6.9 percent in January-May

In the January-May period of the current year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 547.877 billion ($82.51 billion), increasing by 6.9 percent year on year, as announced by China’s Ministry of Transportation (MOT).

In particular, in the given period FAI in roads in China amounted to RMB 489.386 billion ($73.70 billion), up 6.4 percent year on year.