China’s transport industry has demonstrated significant growth in the first two months of the year. According to the Ministry of Transport, key indicators such as freight volume and port cargo have shown positive trends.
During January and February, the total freight volume reached 8.03 billion tonnes, reflecting a year-on-year increase of 4.8 percent. Notably, road freight rose by 5.7 percent, while waterway transport experienced a growth of 3.9 percent.
These figures indicate a robust increase in the demand for transportation services across various sectors. Cargo throughput at the country’s ports also experienced a rise, with a reported increase of 2.3 percent compared to the same period last year.
This amounted to a total of 2.67 billion tonnes, with domestic trade contributing a 2.4 percent increase in cargo throughput. Such a growth trajectory underscores the resilience of the transport sector amid evolving economic conditions.
The data further revealed that inter-regional trips across China surged by 4.9 percent year on year, accumulating to 12.29 billion trips in the first two months. This increase signifies higher activity levels and mobility across the nation, highlighting the importance of the transport sector in connecting regions and supporting economic growth.
In addition to freight and cargo figures, fixed-asset investment within the transport sector remained stable, recorded at 366.5 billion yuan (approximately $51.08 billion) during the same period. Overall, these trends suggest a positive outlook for China’s transport industry as it continues to support the broader economy through increased connectivity and investment.