China plans to spend 800b yuan on railway in 2020
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.
- Four missing after SW China mudslide
- Guizhou achieves remarkable success in advancing high-quality development, official says
- Global influencers explore Yantai's wine culture
- China records sustained drop in environmental disputes
- Visitors impressed after boarding CNS Shandong on 'open day'
- Intl forum on ecology opens with over 1,000 domestic and foreign guests