China’s road freight volume grows in January

2019-02-23
Xinhua

BEIJING — China’s road freight transport registered a steady growth last month, according to official data.

Road freight volume increased 6.3 percent year-on-year to 3.19 billion tonnes in January, the Ministry of Transport said in a statement.

Ningxia Hui autonomous region saw the fastest growth in the index with a growth rate of 18 percent, followed by Hebei and Henan provinces.

Specifically, highway freight volume increased 10.6 percent year-on-year in the month, while waterway freight volume saw a 9.4-percent rise.

Fixed asset investment in road and waterway transport rose 9.2 percent to 128 billion yuan (about $19.06 billion) in January, the ministry added.

The data, added to a series of indicators, show resilience in the economy.