According to data released by the Ministry of Transport on Tuesday, China's transport economy remained generally stable in the first quarter of this year, with key indicators including cargo volume and port throughput showing relatively rapid growth. The data showed that China's commercial cargo volume reached 13.19 billion tons in the first quarter, an increase of 4.1 percent compared to the same period last year. Freight volumes by railway, road, waterway, air, and postal services all showed significant year-on-year growth during this period.
In terms of port throughput, Chinese ports handled 4.39 billion tons of cargo in the first quarter, up 4 percent from a year earlier, while container traffic grew by 8 percent year-on-year. Meanwhile, fixed asset investment in China's transport sector remained at a high level in the first quarter, reaching 651.9 billion yuan, or approximately 95.5 billion US dollars. Data analysis showed that investment in railway transport totaled 137.9 billion yuan, road transport investment reached 443.7 billion yuan, waterway investment stood at 49.3 billion yuan, and civil aviation investment amounted to 21.1 billion yuan.