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China’s road freight volume drops in first seven months of 2022

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BEIJING, Aug 20 (ABC): China’s road freight volume fell 4.5 percent year on year in the first seven months of the year, data from the Ministry of Transport showed. About 20.98 billion tonnes of road cargo was transported during this period, according to the ministry.

In July alone, China’s road freight volume was almost 3.27 billion tonnes, the ministry said. Bucking the overall trend, the northwestern province of Qinghai recorded the biggest increase in road freight volume, up 20 percent year on year.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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