App

China plans to spend 800b yuan on railway in 2020
Updated: December 30, 2019 15:33 Xinhua

BEIJING — China is expected to spend about 800 billion yuan (about $114.36 billion) on railway investment in 2020, the Ministry of Transport (MOT) said.

Some 1.8 trillion yuan might be spent on roads and waterways, and about 90 billion yuan on civil aviation next year, the MOT said.

The country will strive to cover 98 percent of its countryside with delivery networks.

China's investment in fixed assets in the transport sector is estimated at over 3.2 trillion yuan for 2019, MOT data showed.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218