China's transport fixed-asset investment falls in Jan-April

China's fixed-asset investment (FAI) in the transport industry declined in the first four months, registering a growth in April alone, official data showed.

Total FAI in the sector amounted to 679 billion yuan (about 95.21 billion U.S. dollars) in January-April, edging down 8.6 percent year on year, with FAI rising 18.2 percent year on year to 299.9 billion yuan in April, according to data from the Ministry of Transport.

Investment in highway construction and inland waterways in the first four months stood at 473 billion yuan and 14.8 billion yuan, respectively.

Meanwhile, the FAI in coastal construction was 13.1 billion yuan in the period, data showed.