FAI in China’s roads and waterways up 8.2 percent in January-July

In the January-July period of the current year, fixed asset investment (FAI) in roads and waterways in China totaled RMB 962.81 billion ($144.57 billion), increasing by 8.2 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 860.08 billion ($129.14 billion), up 7.0 percent year on year.