投资规模保持高位，多项交通重大工程本月进入建设节点

Core Insights - The transportation fixed asset investment in China reached 2.6 trillion yuan in the first three quarters of the year, maintaining a high level of investment [4] - Major transportation projects are entering critical construction phases, including the completion of the main towers of the Zhangjinggao Yangtze River Bridge and the initiation of the main structure construction of the Xiamen Jinmen Bridge [1][2] Investment Overview - The transportation fixed asset investment breakdown includes: - Railways: 593.7 billion yuan - Highways: 1.78 trillion yuan (with expressways at 929.6 billion yuan, national and provincial roads at 434.3 billion yuan, and rural roads at 275.3 billion yuan) - Waterways: 160.5 billion yuan - Civil aviation: 82.9 billion yuan [4] Project Progress - The Zhangjinggao Yangtze River Bridge, which connects multiple cities and is expected to be completed by October 2028, has all four main towers completed [1] - The Xiamen Jinmen Bridge, a key project for connecting Fujian coastal areas with Kinmen Island, has achieved 37% overall progress since construction began in January 2024, aiming for sea mainline traffic by the end of 2026 and full completion by 2027 [2] - The Pinglu Canal project, a significant infrastructure initiative, has completed 84.8% of its total investment, with substantial progress in earthworks and concrete pouring for the lock structures [3][4]