China plans to spend 800b yuan on railway in 2020
Xinhua |
Updated: 2019-12-30 15:16
Share
Share - WeChat
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.
- Novartis hosts China Patient Day event to explore patient-centric healthcare innovations
- China's first natl conference on civility in rural areas targets local customs, culture
- China's latest launch mission marks 600th flight of Long March rockets
- China-Laos Railway cross-border ridership steadily rising
- Shanghai nature conservation festival to highlight ecological protection and smart governance
- Beijing's PM2.5 density drops by 15 percent in first three quarters
