China News Agency, Beijing, August 27th (Reporter Zhou Yin) Sun Wenjian, spokesperson of the Ministry of Transport of China, disclosed at a press conference held by the Ministry of Transport on the 27th that from January to July this year, China completed a total of 1,795.7 billion transportation investment. Yuan (RMB, the same below), an increase of 9.4% over the same period last year. He said that such an investment growth rate is very rare in recent years.
Sun Wenjian said that from this data, it can be seen that investment in transportation is advancing in an accelerated manner. Among them, the investment in highways and waterways was 1353.7 billion yuan, 75.2% of the annual investment target of 1.8 trillion yuan, a year-on-year increase of 12.1%. He gave an example: From January to July this year, Guangdong Province completed 106.27 billion yuan of fixed-asset investment in highways and waterways, completing 81.7% of the annual target, an increase of 5.8% year-on-year. From January to July, Sichuan Province completed 94.84 billion yuan of fixed asset investment in highways and waterways, accounting for 71% of the annual target, a year-on-year increase of 13%. In Shandong Province, the annual transportation infrastructure investment task was increased from 184.2 billion yuan to 231.7 billion yuan, a record high in history.
Sun Wenjian also introduced the progress of major transportation projects. As of the end of July this year, the Ministry of Transport has focused on tracking 232 major projects of “10 billion or more” with a resumption rate of 100%, and overall construction progress is better than expected.
In addition, the increase in freight volume realized the first negative change to positive 0.3% in May, 3.9% in June and 2.9% in July.
Nearly 60% of domestic passenger transport has recovered. In July, the commercial passenger traffic volume was 890 million, which was restored to 57.9% of the same period last year, and the degree of recovery was 1.7 percentage points higher than that in June. (Finish)