China's transportation economy made steady progress

The reporter learned from the regular press conference of the Ministry of transport on the 24th that in the first three quarters of this year, China's fixed assets investment in transportation reached 2291.8 billion yuan, an increase of 2.2% year-on-year. The freight volume and port cargo throughput grew rapidly, the transportation structure continued to be optimized, and the transportation economy was stable. Wu Chungeng, spokesman of the Ministry of transport, said that in the first three quarters, the investment scale of fixed assets in transport remained at a high level, with 1671.3 billion yuan invested in roads and waterways and 92.9% of the annual target. The passenger transport structure is constantly optimized. In the first three quarters, 13.34 billion operational passenger traffic were completed.
Among them, the passenger traffic volume of railway and civil aviation has maintained rapid growth; the passenger traffic volume of passenger cars has continued to flourish, with the passenger traffic volume of Expressway increasing by 8.5% year on year; the passenger traffic volume of public transportation in 36 central cities has reached 50.04 billion, with a year-on-year growth of 3.3%. The freight volume increased steadily and rapidly. In the first three quarters, 38.9 billion tons of business freight were completed, up 5.9% year on year. Among them, the freight volume of highway and waterway increased by 5.7% and 6.7% respectively, both of which remained in the fast growth range; the cargo throughput of national ports reached 10.3 billion tons, an increase of 5.2% year on year.
According to Wu Chungeng, in the first three quarters, the economic operation of the transportation industry showed many bright spots: major construction projects were progressing smoothly, Beijing Daxing International Airport was officially put into operation, and the task target of 1 million kilometers of newly reconstructed rural roads in the 13th five year plan was completed in advance; the transportation structure continued to be optimized, and travel and logistics were further improved to high-speed rail, civil aviation, expressway and city. Rail transit and other modes of travel gather, and "public to rail" and "public to water" work are carried out in an orderly manner, with freight volume of railway and waterway increased by 180 million tons and 340 million tons respectively year on year; service level is constantly improved, in the first three quarters, the logistics cost is reduced by 57 billion yuan, obvious progress has been made in canceling provincial toll stations of expressways, project construction is accelerated, and the completion rate of etc issuance task is over 70%.
2026-07-26
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