China's passenger, cargo transport maintains expansion
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E-mail Xinhua, August 16, 2021
China's transport industry maintained expansion in July as the passenger and cargo transport volume posted growth from the same period last year, industry data showed.
The China Transportation Services Index (CTSI) stood at 170.6 points last month, up 8.7 percent year on year, according to the China Academy of Transportation Sciences.
The sub-index for cargo transport reached 193.6 points in July, up 4.2 percent year on year.
The passenger transport sub-index recorded an increase of 23.3 percent year on year.
The CTSI incorporated the transport volume of passengers and cargo of various transportation means, including railways, highways, waterways, and civil aviation. With 2010 as the base year and 100 points as the base value, the index includes passenger transport and cargo transport as two sub-indexes.
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