The transportation sector has gotten off to a good start in the first two months of this year.

In the first two months of 2024, China's transportation economy showed a good start. In terms of investment, the national transportation fixed asset investment scale remained high, completing 355.8 billion yuan, of which railways, highways, waterways and civil aviation completed 72.2 billion yuan, 244.9 billion yuan, 28 billion yuan and 10.7 billion yuan respectively. The performance of freight transport was strong, with the total volume of commercial freight reaching 8.3 billion tons, an increase of 6.5 per cent over the same period last year. Railway, highway, waterway and civil aviation freight volume all achieved positive growth, port cargo throughput increased by 7.2 per cent over the same period last year, and container throughput increased by 9.8 per cent. In particular, foreign trade container throughput still achieved a double-digit growth of 13.7 per cent under changes in the external environment, showing strong resilience. The demand for passenger transport was strong. The cross-regional movement of people in the whole society reached 12.38 billion, an increase of 0.7 per cent over the same period last year. Railway and civil aviation passenger traffic increased by 2.6 per cent and 3.9 per cent respectively. Highway cross-regional movement of people increased by 0.5 per cent and waterway passenger traffic increased by 7.3 per cent. The increasingly perfect comprehensive transportation network effectively supports the high-level operation of transportation and logistics and the travel needs of the people, and provides a strong guarantee for the smooth operation of the economy.