Core Insights - The Ministry of Transport of China announced significant achievements in the transportation sector over the past five years, highlighting the completion of key indicators ahead of schedule and the establishment of a comprehensive transportation system [3][4][6] Infrastructure Development - By the end of 2024, the total railway operating mileage is expected to reach 162,000 kilometers, an increase of approximately 16,000 kilometers since the end of the 13th Five-Year Plan, with high-speed rail accounting for 10,000 kilometers of this increase [6] - The total length of highways will reach 5.49 million kilometers, an increase of about 290,000 kilometers, including an addition of 30,000 kilometers of expressways [6] - The total length of high-grade navigable channels will reach 17,600 kilometers, an increase of 1,600 kilometers [6] - The number of port berths for vessels over 10,000 tons will increase to 2,971, up by 379 [6] Investment and Economic Impact - Fixed asset investment in transportation during the first four years of the 14th Five-Year Plan reached 15.2 trillion yuan, representing a year-on-year growth of 23.3% [6] - The transportation sector has seen a reduction in costs, with approximately 2.8 billion yuan saved in transportation costs over the past year [7] Rural Transportation - Since the 18th National Congress, over 4.9 trillion yuan has been invested in rural road infrastructure, with total rural road mileage reaching 4.64 million kilometers, accounting for nearly 85% of the national total [9] - The proportion of graded rural roads has reached 97.3%, with a good to medium road rate of 94.8% [9] International Connectivity - China has maintained the world's highest maritime connectivity for 19 consecutive years, with over 270 cooperation agreements signed in the transportation sector [10][12] - The China-Europe Railway Express connects to 229 cities in Europe and over 100 cities in Asia, while the "Air Silk Road" has expanded to 83 countries and 213 cities [12]