China’s road freight volume grows in Q1

2019-04-21
Xinhua

BEIJING — China’s road freight transport saw steady growth in the first quarter, official data showed.

Road freight volume grew 5.9 percent year-on-year to 8.19 billion tonnes in the first three months, the Ministry of Transport said in a statement.

Henan province saw the fastest growth in the index with a growth rate of 14.9 percent, followed by Shanxi and Heilongjiang.

Highway freight volume increased 10.2 percent year-on-year in the period, according to the ministry.

Fixed asset investment in road transport rose 3.3 percent to 372.2 billion yuan (about $55.5 billion) between January and March, the ministry added.

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