Trade Resources Industry Views The Total Volume of Cargo Shipments in China Amounted to 3.83 Billion Mt

The Total Volume of Cargo Shipments in China Amounted to 3.83 Billion Mt

According to the figures released by China's Ministry of Transport, in August this year the total volume of cargo shipments in China (by rail, road and water transport) amounted to 3.83 billion mt, up 10.5 percent, while in the first eight months the total cargo shipments via rail, road and water transport rose by 9.6 percent, both year on year.

In August this year, the total cargo throughput of large and medium-sized ports in China increased by 12.6 percent year on year. In particular, in the given month the cargo throughput for foreign trade was up 16.1 percent year on year, and container throughput was up 6.6 percent year on year. Meanwhile, in the first eight months, the cargo throughput of large and medium-sized ports in China was up 10.7 percent compared to the same period 2012, while the goods throughput from foreign trade was up 9.8 percent year on year.

In August this year, China's coal shipments by railway totaled 190 million mt, up 18.27 million mt or 10.7 percent year on year. In the January-August period, China's rail shipments of coal amounted to 1.514 billion mt, up 4.16 million mt or 0.3 percent year on year.

In August, total fixed assets investment in rail, road and water transport in China amounted to RMB 186.5 billion ($30.48 billion), up 3.3 percent year on year. Investment in railway construction in the given month reached RMB 51.5 billion ($8.42 billion), up 12.6 percent year on year, while investment in road construction amounted to RMB 123.6 billion ($20.19 billion), up 2.9 percent year on year.

In the January-August period, total fixed assets investment in rail, road and water transport in China was RMB 1.1994 trillion ($196 billion), up 10.1 percent year on year. Investment in railway construction in the given period was RMB 313.3 billion ($51.2 billion), up 15.4 percent year on year, while investment in road construction amounted to RMB 787.6 billion ($128.7 billion), up 8.3 percent year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/cargo-throughput-at-chinese-ports-up-126-percent-in-august-788389.htm
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Cargo Throughput at Chinese Ports up 12.6 Percent in August
Topics: Metallurgy