China's transport sector invests 712.5 billion yuan in Q1 2024, supporting economic recovery.

China's transport sector saw a high fixed-asset investment of 712.5 billion yuan ($100.3 billion) in Q1 of 2024, according to the Ministry of Transport. Of the 102 key projects in the 14th Five-Year Plan (2021-2025), over 260 transport-related projects are underway or completed, totaling 1.3 trillion yuan investment. This investment is supporting China's economic recovery, the official stated.