China cuts 91.78B yuan in road tolls in 2018

Around China

China cut road tolls by 91.78 billion yuan (about US$12.91 billion) last year as part of the country's efforts to reduce logistics costs and transport fees.

XinhuaUpdated: August 30, 2019

China cut road tolls by 91.78 billion yuan (about US$12.91 billion) last year as part of the country's efforts to reduce logistics costs and transport fees.

The toll cut increased by 9.61 billion yuan compared with 2017, up 11.7% year on year, according to the Ministry of Transport.

China saw a net mileage addition of 5,239 km in expressways in 2018, while the country's toll roads reported slower debt growth last year, data from the ministry showed.

MORE FROM China SCIO