Investment in road, waterway transport up in Jan-Oct

Investment in road, waterway transport up in Jan-Oct

China's fixed-asset investment in road and waterway transport maintained a steady growth from January to October, official data showed Tuesday.

The fixed-asset investment in road and waterway transport reached nearly 2.47

trillion yuan (about $345 billion) in the first ten months, up 9.5% year on year, said the Ministry of Transport.

In breakdown, road transport investment reached 2.34 trillion yuan, up 9.6%, year on year.

Inland waterway investment rose 9.2% year on year to 63.4 billion yuan.

Coastal waterway investment increased 8.2% from a year earlier to 65.2 billion yuan.

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