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China’s road freight volume grows in Q1

Updated: Apr 21,2019 4:39 PM     Xinhua

BEIJING — China’s road freight transport saw steady growth in the first quarter, official data showed.

Road freight volume grew 5.9 percent year-on-year to 8.19 billion tonnes in the first three months, the Ministry of Transport said in a statement.

Henan province saw the fastest growth in the index with a growth rate of 14.9 percent, followed by Shanxi and Heilongjiang.

Highway freight volume increased 10.2 percent year-on-year in the period, according to the ministry.

Fixed asset investment in road transport rose 3.3 percent to 372.2 billion yuan (about $55.5 billion) between January and March, the ministry added.

The data, added to a series of indicators, show resilience in the economy.

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