BEIJING — China increased investment in road and waterway infrastructure in the first two months of the year, according to data from the Ministry of Transport.

Fixed-asset investment in road and waterway infrastructure jumped 14.8 percent year-on-year to 273.1 billion yuan (about $43.1 billion) from January to February.

Southwest China's Guizhou province reported the fastest growth in this regard, with investment more than doubling from a year ago to 20.67 billion yuan in the first two months.

North China's Tianjin municipality saw the sharpest decline during the period, with the investment plunging 76.2 percent year-on-year, data showed.