China News Service, September 25. According to the website of the Ministry of Transport, data show that from January to August, investment in fixed assets in transportation was 2.1 trillion yuan, an increase of 10.5% year-on-year; in August, public transportation in 36 central cities completed passenger traffic. 4.24 billion people, recovered to 75.9% of the same period last year; in August, the completed freight volume was 4.31 billion tons, a year-on-year increase of 4.8%; the national ports completed cargo throughput of 1.29 billion tons, a year-on-year increase of 7.2%.

　　In August, transportation investment remained high, passenger transportation continued to recover, and the growth rate of freight volume and port cargo throughput accelerated, and the industry's economic operation foundation was further consolidated.

1. Transportation investment remains high

　　From January to August, the investment in fixed assets in transportation was 2.1 trillion yuan, a year-on-year increase of 10.5%, and the growth rate was 1.1 percentage points higher than that from January to July. Among them, 329.8 billion yuan was completed in August, a year-on-year increase of 16.8%, and the growth rate was higher than that in July. Slowed by 10.0 percentage points.

The investment in highways and waterways was 1,611.9 billion yuan, an increase of 13.4% year-on-year, and 89.5% of the annual target of 1.8 trillion yuan was completed.

In terms of different methods, the completed investment in highway was 1,519.6 billion yuan, a year-on-year increase of 12.9%, and the investment in inland rivers and coastal areas was 39.6 billion yuan and 37.5 billion yuan, an increase of 7.6% and 13.8% respectively.

Figure 1 Changes in the completed amount of transportation fixed asset investment in each month in 2019 and 2020

2. Commercial passenger transport resumed more than 60%

　　In August, the number of commercial passenger traffic completed was 980 million, which was restored to 62.2% of the same period last year. The degree of recovery was 4.2 percentage points higher than that in July. Among them, commercial passenger traffic on roads fell by 39.6%, and passenger traffic on waterways fell by 41.2%.

　　From January to August, the volume of commercial passenger traffic was 5.83 billion, a year-on-year decrease of 50.9%.

Among them, commercial passenger traffic on roads fell by 51.5%, and passenger traffic on waterways fell by 52.6%.

Figure 2 Year-on-year growth rate of operating passenger traffic in each month of 2020

3. Continuous recovery of urban bus passenger traffic

　　In August, public transportation in 36 central cities completed 4.24 billion passengers, recovering to 75.9% of the same period last year, and the degree of recovery increased by 4.6 percentage points from July.

In terms of different methods, the passenger traffic of buses and trams, rail transit, cruise taxis and ferry dropped by 30.3%, 16.2%, 23.7% and 51.8% respectively.

　　From January to August, public transportation in 36 central cities completed 25.30 billion passengers, a year-on-year decrease of 42.3%.

In terms of different methods, the passenger traffic of buses, trams, rail transit, cruise taxis and ferry dropped by 46.0%, 37.3%, 40.9% and 56.5% respectively.

Figure 3 Changes in the year-on-year growth rate of public transport passenger traffic in central cities in each month of 2020

　　4. The growth rate of freight volume returned to the level of the same period last year

　　In August, the completed freight volume was 4.31 billion tons, a year-on-year increase of 4.8%. The growth rate was 1.9 percentage points higher than that in July, and it has returned to the same period last year. Among them, road freight volume increased by 5.5% and water freight volume increased by 0.6%.

　　From January to August, the completed freight volume was 28.31 billion tons, down 4.6% year-on-year, of which road freight volume fell by 5.3% and waterway freight volume fell by 5.9%.

Figure 4 Changes in the year-on-year growth rate of freight volume in each month of 2020

5. The growth rate of port cargo throughput further accelerates

　　In August, the national ports completed a cargo throughput of 1.29 billion tons, an increase of 7.2% year-on-year, and the growth rate was 1.2 percentage points higher than that in July. The throughput of domestic and foreign trade increased by 7.8% and 5.9% respectively.

Completed container throughput of 24.06 million TEUs, an increase of 6.4% year-on-year, and the growth rate was 1.7% faster than that in July.

　　From January to August, the national ports completed a cargo throughput of 9.29 billion tons, a year-on-year increase of 2.2%, of which domestic and foreign trade throughput increased by 1.5% and 3.7% respectively.

Completed a container throughput of 170 million TEUs, a decrease of 2.5% year-on-year.

Figure 5 Year-on-year growth rate of port cargo throughput in each month of 2020