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China's water transportation investment up 30.3% in Jan-May

China SCIO | July 3, 2023

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China's investment in the construction of water transportation infrastructure grew by 30.3% year on year to reach 73.4 billion yuan (US$10.12 billion) in the first five months, and the expansion has helped to stabilize economic growth and drive domestic demand, the country's vice minister of transport said Friday.