Transportation fixed asset investment is expected to complete 3.42 trillion yuan this year

　　Economic Daily-China Economic Net, Beijing, December 24, reporter Qi Hui learned from the 2021 National Transportation Work Conference: National transportation fixed asset investment in 2020 is expected to complete 3,424.7 billion yuan, of which 778 billion yuan for railways and 2541.7 billion yuan for highways and waterways , Civil Aviation 105 billion yuan.

　　Li Xiaopeng, Minister of Transport, said that in 2020, fixed-asset investment in transportation will grow against the trend. It is estimated that the annual railway operating mileage will be 4,585 kilometers, including 2,416 kilometers of high-speed railways, 12,713 kilometers of newly renovated (expanded) expressways, and new urban rail transit. The operating mileage is 1,100 kilometers.

　　Li Xiaopeng said that freight volume has maintained positive growth for many consecutive months, with a year-on-year increase of 7.1% in November.

It is expected that the annual port cargo throughput will be 14.57 billion tons, a year-on-year increase of 4.4%; the express delivery business volume will exceed 80 billion pieces, a year-on-year increase of 30%.

Passenger transport continued to recover steadily. In November, the commercial passenger transport volume had recovered to 67.4% of the same period last year, of which railways recovered to 79.4%, highways recovered to 63.1%, waterways recovered to 72.6%, and civil aviation recovered to 83.7%.

The passenger volume of public transport in 36 central cities across the country has recovered to 83.4% of the same period last year.

303 prefecture-level and above cities and 505 county-level cities across the country have achieved all-in-one transportation connectivity.

　　"It is expected that next year, the commercial passenger traffic of the whole society will increase by about 50% year-on-year and will return to about 90% in 2019." Li Xiaopeng said.

　　According to reports, in 2020, logistics cost reduction and efficiency increase will be further promoted.

The “revolution” and “revolution water” of bulk cargo have achieved remarkable results. It is estimated that the cumulative increase in railway freight transportation will be 780 million tons, the increase in waterway freight transportation will be 570 million tons, and the road transportation volume of bulk cargo in coastal ports will be reduced by about 370 million tons.

Three batches of 70 multimodal transport demonstration projects completed the container multimodal transport volume of 4.8 million TEU (TEU), and the national port container iron-water combined transport volume is expected to increase by 30% year-on-year.

Continue to promote tax and fee reduction in the transportation field, and it is expected that the logistics cost can be reduced by more than 130 billion yuan throughout the year.

　　In 2021, my country will accelerate the integration of Beijing-Tianjin-Hebei transportation and the construction of a comprehensive transportation system in the Xiongan New Area, the construction of a comprehensive three-dimensional transportation corridor in the Yangtze River Economic Belt, the development of transportation in the Guangdong-Hong Kong-Macao Greater Bay Area, and the higher-quality integration of transportation in the Yangtze River Delta Development, ecological protection and high-quality development of transportation in the Yellow River Basin, transportation development of the dual-city economic circle in the Chengdu-Chongqing region, etc.

　　It is estimated that around 2.4 trillion yuan will be invested in fixed assets in transportation next year.