Briefly

Transport investment up 7.1% to $541.6b

China's fixed-asset investment in the transport sector maintained steady growth last year, official data showed. Total fixed-asset investment increased 7.1 percent on a yearly basis to nearly 3.48 trillion yuan ($541.6 billion) last year, according to the Ministry of Transport. The growth rate was the highest in the last three years, said the ministry. By the end of last year, the operating mileage of China's railway network reached 146,000 kilometers. The country had a total of 5.2 million km of highways, of which expressways represented 161,000 km.

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