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China to increase investment in logistics infrastructure for economic growth

China to increase investment in logistics infrastructure for economic growth

Posted on March 8, 2024   |  

China is increasing its investment in logistics infrastructure to stimulate economic growth. 

Dalian, for instance, plans to inject over $33 billion into its north-eastern transport network, focusing on expanding port facilities and building new rail bridges to boost container volumes.

This investment reflects a broader effort across China to enhance supply chain connectivity. 

Shanghai's regional government, for example, is aiming to increase flows in the Yangtze River Delta by initiating construction of the Xiaoyangshan container terminal, a project estimated at $7.3 billion.

Various regional rail projects are also underway to improve connectivity with Pudong International Airport, with new lines and services being introduced.

China has allocated $173 billion for transport projects over the next year, representing an increase of around $3.5 billion compared to the previous year.