DataLife Engine / China to spend $2,2 trillion on transport infrastructure

China to spend $2,2 trillion on transport infrastructure

“According to the plan, over the course of the 13th five-year plan, a total investment in transport will reach 15 trillion yuan,” said Li Xiaopeng.

In particular, 3.5 trillion yuan (508,6 billion U.S. dollars) out of this amount will be spent on the construction of railway infrastructure, 7.8 trillion yuan (1.13 trillion U.S. dollars) will be allocated for the construction of roads, 650 billion yuan (94,5 billion U.S. dollars) will be invested in infrastructure for civil aviation, another 500 billion yuan (72,66 billion U.S. dollars) are intended for waterway transport.

27-02-2017, 17:52
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